# PPP loan: FOOD BANK OF IOWA
> **$375K** approved 04/06/2020 · Paid in Full · Loan `5660487007`
## Borrower
- **Name:** FOOD BANK OF IOWA
- **Address:** 2220 E 17th Street, DES MOINES, IA, 50316-2114
- **NAICS:** 624210
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $375K
- **Initial approval:** $375K
- **Forgiven:** $378K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $355K
- **Mortgage interest:** $10K
- **Utilities:** $10K
- **Jobs reported:** 39
## Lender
- **Originating:** Freedom Financial Bank
- **Servicing:** Freedom Financial Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*