# PPP loan: KRM DEVELOPMENT, LLC
> **$376K** approved 04/05/2020 · Paid in Full · Loan `5373507008`
## Borrower
- **Name:** KRM DEVELOPMENT, LLC
- **Address:** 10640 JUSTIN DR, URBANDALE, IA, 50322-3755
- **NAICS:** 236117
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $376K
- **Initial approval:** $376K
- **Forgiven:** $380K (101%)
- **Forgiveness date:** 05/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $376K
- **Jobs reported:** 31
## Lender
- **Originating:** Raccoon Valley Bank
- **Servicing:** Raccoon Valley Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*