# PPP loan: FREMONT FARMS OF IOWA, LLP
> **$1.99M** approved 04/13/2020 · Paid in Full · Loan `5395437110`
## Borrower
- **Name:** FREMONT FARMS OF IOWA, LLP
- **Address:** 3868 110th St, MALCOM, IA, 50157-8093
- **NAICS:** 112390
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.99M
- **Initial approval:** $1.99M
- **Forgiven:** $2.01M (101%)
- **Forgiveness date:** 08/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.91M
- **Rent:** $25K
- **Mortgage interest:** $50K
- **Jobs reported:** 160
## Lender
- **Originating:** Grinnell State Bank
- **Servicing:** Grinnell State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*