# PPP loan: DETHMERS MANUFACTURING COMPANY
> **$4.00M** approved 04/03/2020 · Paid in Full · Loan `4381987007`
## Borrower
- **Name:** DETHMERS MANUFACTURING COMPANY
- **Address:** 4010 320th Street, BOYDEN, IA, 51234-7502
- **NAICS:** 333999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.00M
- **Initial approval:** $4.00M
- **Forgiven:** $4.05M (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.20M
- **Utilities:** $800K
- **Jobs reported:** 250
## Lender
- **Originating:** Iowa State Bank
- **Servicing:** Iowa State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*