# PPP loan: TOWN & COUNTRY IMPLEMENT CO
> **$677K** approved 04/04/2020 · Paid in Full · Loan `4741697008`
## Borrower
- **Name:** TOWN & COUNTRY IMPLEMENT CO
- **Address:** 3105 Eagle Ave, ROCK VALLEY, IA, 51247-7453
- **NAICS:** 423820
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $677K
- **Initial approval:** $677K
- **Forgiven:** $683K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $627K
- **Mortgage interest:** $16K
- **Utilities:** $34K
- **Jobs reported:** 50
## Lender
- **Originating:** American State Bank
- **Servicing:** American State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*