# PPP loan: TRAER NURSING CARE CENTER, INC
> **$579K** approved 04/06/2020 · Paid in Full · Loan `6072907000`
## Borrower
- **Name:** TRAER NURSING CARE CENTER, INC
- **Address:** 909 6th Street, TRAER, IA, 50675-1311
- **NAICS:** 623110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $579K
- **Initial approval:** $579K
- **Forgiven:** $582K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $579K
- **Jobs reported:** 100
## Lender
- **Originating:** Farmers Savings Bank & Trust
- **Servicing:** Farmers Savings Bank & Trust (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*