# PPP loan: KOOL FEED BAG INC
> **$160K** approved 04/04/2020 · Paid in Full · Loan `4908547001`
## Borrower
- **Name:** KOOL FEED BAG INC
- **Address:** 1315 695th Ave, ALBIA, IA, 52531-8890
- **NAICS:** 311119
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 15
## Lender
- **Originating:** First Iowa State Bank
- **Servicing:** First Iowa State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*