# PPP loan: 7G DISTRIBUTING, LLC
> **$2.44M** approved 04/06/2020 · Paid in Full · Loan `6182237001`
## Borrower
- **Name:** 7G DISTRIBUTING, LLC
- **Address:** 9925 6TH ST SW, CEDAR RAPIDS, IA, 52404-9074
- **NAICS:** 424820
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.44M
- **Initial approval:** $2.44M
- **Forgiven:** $2.46M (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.44M
- **Jobs reported:** 205
## Lender
- **Originating:** Farmers & Merchants Savings Bank
- **Servicing:** Farmers & Merchants Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*