# PPP loan: BAKERIS ROOFING LC
> **$194K** approved 04/06/2020 · Paid in Full · Loan `6168447009`
## Borrower
- **Name:** BAKERIS ROOFING LC
- **Address:** 10391 NE UNIVERSITY AVE, RUNNELLS, IA, 50237-2037
- **NAICS:** 238160
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Rent:** $4K
- **Utilities:** $6K
- **Health care:** $24K
- **Jobs reported:** 11
## Lender
- **Originating:** Bank Iowa
- **Servicing:** Bank Iowa (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*