# PPP loan: FOUNDATION ANALYTICAL LABORATORY INC
> **$307K** approved 03/20/2021 · Paid in Full · Loan `5841848602`
## Borrower
- **Name:** FOUNDATION ANALYTICAL LABORATORY INC
- **Address:** 723 Sleezer Rd, Cherokee, IA, 51012-7247
- **NAICS:** 541380
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $307K
- **Initial approval:** $307K
- **Forgiven:** $309K (100%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $307K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** Iowa State Bank
- **Servicing:** Iowa State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*