# PPP loan: FOUNDATIONS UNLIMITED, INC.
> **$229K** approved 04/06/2020 · Paid in Full · Loan `6207807003`
## Borrower
- **Name:** FOUNDATIONS UNLIMITED, INC.
- **Address:** 607 A Ave, KALONA, IA, 52247-9760
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $229K
- **Initial approval:** $229K
- **Forgiven:** $230K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $171K
- **Rent:** $14K
- **Mortgage interest:** $14K
- **Utilities:** $14K
- **Health care:** $14K
- **Jobs reported:** 18
## Lender
- **Originating:** MidWestOne Bank
- **Servicing:** MidWestOne Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*