# PPP loan: AGRI-BOLT, INC.
> **$434K** approved 04/05/2020 · Paid in Full · Loan `5287647008`
## Borrower
- **Name:** AGRI-BOLT, INC.
- **Address:** 18134 HWY 71, CARROLL, IA, 51401-8700
- **NAICS:** 423910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $434K
- **Initial approval:** $434K
- **Forgiven:** $438K (101%)
- **Forgiveness date:** 05/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $347K
- **Rent:** $87K
- **Jobs reported:** 60
## Lender
- **Originating:** Availa Bank
- **Servicing:** Availa Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*