# PPP loan: JDB AUTO SALES, INC.
> **$372K** approved 04/05/2020 · Paid in Full · Loan `5324987005`
## Borrower
- **Name:** JDB AUTO SALES, INC.
- **Address:** 2426 SE 14th Street, DES MOINES, IA, 50320-1101
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $372K
- **Initial approval:** $372K
- **Forgiven:** $376K (101%)
- **Forgiveness date:** 05/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $372K
- **Jobs reported:** 28
## Lender
- **Originating:** Quad City Bank and Trust Company
- **Servicing:** Quad City Bank and Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*