# PPP loan: U DRIVE ACCEPTANCE CORP
> **$156K** approved 04/06/2020 · Paid in Full · Loan `6289797005`
## Borrower
- **Name:** U DRIVE ACCEPTANCE CORP
- **Address:** 1119 4TH ST Suite 102, SIOUX CITY, IA, 51101-1900
- **NAICS:** 525990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $124K
- **Rent:** $8K
- **Utilities:** $5K
- **Debt interest:** $18K
- **Jobs reported:** 13
## Lender
- **Originating:** The Park National Bank
- **Servicing:** The Park National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*