# PPP loan: CENTRAL IOWA POOL & SPA
> **$165K** approved 04/13/2020 · Paid in Full · Loan `4953557101`
## Borrower
- **Name:** CENTRAL IOWA POOL & SPA
- **Address:** 5360 NE 14th St, DES MOINES, IA, 50313-2002
- **NAICS:** 453998
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 03/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $153K
- **Rent:** $5K
- **Mortgage interest:** $5K
- **Utilities:** $2K
- **Jobs reported:** 36
## Lender
- **Originating:** Grinnell State Bank
- **Servicing:** Grinnell State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*