# PPP loan: GRUNDMAN-HICKS, L.L.C.
> **$288K** approved 04/03/2020 · Paid in Full · Loan `4463567003`
## Borrower
- **Name:** GRUNDMAN-HICKS, L.L.C.
- **Address:** 1222 S. 2nd St. PO Box 927, CHEROKEE, IA, 51012-2139
- **NAICS:** 236220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $288K
- **Initial approval:** $288K
- **Forgiven:** $291K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $231K
- **Rent:** $42K
- **Utilities:** $14K
- **Jobs reported:** 13
## Lender
- **Originating:** Central Bank
- **Servicing:** Central Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*