# PPP loan: LOCAL 125 JATC FUND
> **$203K** approved 04/14/2020 · Paid in Full · Loan `6588497107`
## Borrower
- **Name:** LOCAL 125 JATC FUND
- **Address:** 5101 J Street SW, CEDAR RAPIDS, IA, 52404-4914
- **NAICS:** 813930
- **Business type:** Non-Profit Organization
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $203K
- **Initial approval:** $203K
- **Forgiven:** $205K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $203K
- **Jobs reported:** 8
## Lender
- **Originating:** Cedar Rapids Bank and Trust Company
- **Servicing:** Cedar Rapids Bank and Trust Company (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*