# PPP loan: MEL FOSTER CO INSURANCE, LLC
> **$615K** approved 04/06/2020 · Paid in Full · Loan `6211737009`
## Borrower
- **Name:** MEL FOSTER CO INSURANCE, LLC
- **Address:** 3211 E 35th St Ct, DAVENPORT, IA, 52807
- **NAICS:** 524210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $615K
- **Initial approval:** $615K
- **Forgiven:** $619K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $615K
- **Jobs reported:** 40
## Lender
- **Originating:** Quad City Bank and Trust Company
- **Servicing:** Quad City Bank and Trust Company (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*