# PPP loan: MEADOWVALE DAIRY LLC
> **$1.43M** approved 04/05/2020 · Paid in Full · Loan `5260727008`
## Borrower
- **Name:** MEADOWVALE DAIRY LLC
- **Address:** 1760 300th ST, ROCK VALLEY, IA, 51247-7547
- **NAICS:** 112120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.43M
- **Initial approval:** $1.43M
- **Forgiven:** $1.44M (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.32M
- **Mortgage interest:** $36K
- **Utilities:** $71K
- **Jobs reported:** 121
## Lender
- **Originating:** American State Bank
- **Servicing:** American State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*