# PPP loan: UNITED GROUP INSURANCE, INC.
> **$174K** approved 04/04/2020 · Paid in Full · Loan `4865537008`
## Borrower
- **Name:** UNITED GROUP INSURANCE, INC.
- **Address:** 1206 SHERIDAN AVE, SHENANDOAH, IA, 51601-1554
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $144K
- **Rent:** $9K
- **Utilities:** $21K
- **Jobs reported:** 17
## Lender
- **Originating:** Bank Iowa
- **Servicing:** Bank Iowa (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*