# PPP loan: HOSMER AUTOMOTIVE, INC
> **$213K** approved 04/06/2020 · Paid in Full · Loan `6002107001`
## Borrower
- **Name:** HOSMER AUTOMOTIVE, INC
- **Address:** 3825 4TH ST SW, MASON CITY, IA, 50401-7339
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $215K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $175K
- **Rent:** $18K
- **Utilities:** $20K
- **Jobs reported:** 15
## Lender
- **Originating:** Clear Lake Bank & Trust Company
- **Servicing:** Clear Lake Bank & Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*