# PPP loan: NELSON BROTHERS SCHRODER INSURANCE AGENCY, INC.
> **$470K** approved 04/05/2020 · Paid in Full · Loan `5348147005`
## Borrower
- **Name:** NELSON BROTHERS SCHRODER INSURANCE AGENCY, INC.
- **Address:** 940 Lincoln Road, BETTENDORF, IA, 52722-4139
- **NAICS:** 524210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $470K
- **Initial approval:** $470K
- **Forgiven:** $473K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $470K
- **Jobs reported:** 39
## 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*