# PPP loan: ROCK BOTTOM DAIRY
> **$170K** approved 04/04/2020 · Paid in Full · Loan `5004187002`
## Borrower
- **Name:** ROCK BOTTOM DAIRY
- **Address:** 2096 Elmwood Ave, ALVORD, IA, 51230-7534
- **NAICS:** 112120
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $149K
- **Mortgage interest:** $13K
- **Utilities:** $9K
- **Jobs reported:** 20
## Lender
- **Originating:** American State Bank
- **Servicing:** American State Bank (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*