# PPP loan: WEEMS INDUSTRIES INC.
> **$979K** approved 03/18/2021 · Paid in Full · Loan `4619688607`
## Borrower
- **Name:** WEEMS INDUSTRIES INC.
- **Address:** 6509 Partners Ave, Marion, IA, 52302-4864
- **NAICS:** 326220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $979K
- **Initial approval:** $979K
- **Forgiven:** $983K (100%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $979K
- **Utilities:** $1
- **Jobs reported:** 94
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*