# PPP loan: TEMCO LLC
> **$1.15M** approved 04/04/2020 · Paid in Full · Loan `4805117009`
## Borrower
- **Name:** TEMCO LLC
- **Address:** 1514 NE 69th Pl, ANKENY, IA, 50021-8883
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.15M
- **Initial approval:** $1.15M
- **Forgiven:** $1.16M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.03M
- **Rent:** $20K
- **Utilities:** $1K
- **Health care:** $103K
- **Jobs reported:** 112
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*