# PPP loan: IWCC, INC
> **$353K** approved 04/07/2020 · Paid in Full · Loan `6601647001`
## Borrower
- **Name:** IWCC, INC
- **Address:** 5875 LINN AIRE AVE, MARION, IA, 52302-9643
- **NAICS:** 238110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $353K
- **Initial approval:** $353K
- **Forgiven:** $356K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $283K
- **Rent:** $35K
- **Utilities:** $35K
- **Jobs reported:** 32
## Lender
- **Originating:** Farmers State Bank
- **Servicing:** Farmers State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*