# PPP loan: NORTH IOWA LUMBER & DESIGN, INC.
> **$346K** approved 04/03/2020 · Paid in Full · Loan `4466857002`
## Borrower
- **Name:** NORTH IOWA LUMBER & DESIGN, INC.
- **Address:** 1621 Highway 18 East, ALGONA, IA, 50511
- **NAICS:** 444130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $346K
- **Initial approval:** $346K
- **Forgiven:** $348K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $346K
- **Jobs reported:** 35
## 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*