# PPP loan: OWEN INDUSTRIES INC
> **$6.22M** approved 04/03/2020 · Paid in Full · Loan `4378317004`
## Borrower
- **Name:** OWEN INDUSTRIES INC
- **Address:** 501 AVENUE H, CARTER LAKE, IA, 51510-1513
- **NAICS:** 332313
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.22M
- **Initial approval:** $6.22M
- **Forgiven:** $6.29M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.16M
- **Rent:** $560K
- **Mortgage interest:** $187K
- **Utilities:** $311K
- **Jobs reported:** 450
## Lender
- **Originating:** Security National Bank of Omaha
- **Servicing:** Security National Bank of Omaha (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*