# PPP loan: CROWS AUTOMOTIVE SERVICE INC
> **$340K** approved 04/06/2020 · Paid in Full · Loan `5991117006`
## Borrower
- **Name:** CROWS AUTOMOTIVE SERVICE INC
- **Address:** 826 SE 21st St, DES MOINES, IA, 50317-1118
- **NAICS:** 488410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $340K
- **Initial approval:** $340K
- **Forgiven:** $343K (101%)
- **Forgiveness date:** 02/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $255K
- **Rent:** $43K
- **Utilities:** $43K
- **Jobs reported:** 25
## Lender
- **Originating:** First National Bank Ames, Iowa
- **Servicing:** First National Bank Ames, Iowa (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*