# PPP loan: RABE HARDWARE INC
> **$592K** approved 04/05/2020 · Paid in Full · Loan `5197457006`
## Borrower
- **Name:** RABE HARDWARE INC
- **Address:** 317 Locust St NW, BLAIRSTOWN, IA, 52209
- **NAICS:** 444130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $592K
- **Initial approval:** $592K
- **Forgiven:** $595K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $438K
- **Rent:** $48K
- **Utilities:** $897.7
- **Health care:** $101K
- **Debt interest:** $4K
- **Jobs reported:** 42
## Lender
- **Originating:** Atkins Savings Bank & Trust
- **Servicing:** Atkins Savings Bank & Trust (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*