# PPP loan: BENCHMARK, INC.
> **$1.93M** approved 04/07/2020 · Paid in Full · Loan `6657477008`
## Borrower
- **Name:** BENCHMARK, INC.
- **Address:** 6065 HUNTINGTON CT, CEDAR RAPIDS, IA, 52402-1272
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.93M
- **Initial approval:** $1.93M
- **Forgiven:** $1.96M (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.55M
- **Rent:** $193K
- **Utilities:** $193K
- **Jobs reported:** 108
## 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*