# PPP loan: DES MOINES FEED CO
> **$225K** approved 08/07/2020 · Paid in Full · Loan `4998698206`
## Borrower
- **Name:** DES MOINES FEED CO
- **Address:** 2010 Hubbell, DES MOINES, IA, 50317
- **NAICS:** 311111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $227K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $225K
- **Jobs reported:** 16
## Lender
- **Originating:** First Interstate Bank
- **Servicing:** First Interstate Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*