# PPP loan: FAIRY TALE COTTON CANDY, INC.
> **$160K** approved 04/06/2020 · Paid in Full · Loan `5679567007`
## Borrower
- **Name:** FAIRY TALE COTTON CANDY, INC.
- **Address:** 1000 Grand Avenue, WEST DES MOINES, IA, 50265-3501
- **NAICS:** 722310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $125K
- **Rent:** $10K
- **Mortgage interest:** $4K
- **Utilities:** $5K
- **Health care:** $8K
- **Debt interest:** $8K
- **Jobs reported:** 42
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*