# PPP loan: PROFESSIONAL OFFICE SERVICES, INC.
> **$3.65M** approved 04/07/2020 · Paid in Full · Loan `6713107008`
## Borrower
- **Name:** PROFESSIONAL OFFICE SERVICES, INC.
- **Address:** 2757 BURTON AVE, WATERLOO, IA, 50703-9729
- **NAICS:** 323111
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.65M
- **Initial approval:** $3.65M
- **Forgiven:** $3.69M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.65M
- **Jobs reported:** 256
## 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*