# PPP loan: DALTON AG ENTERPRISES, INC
> **$420K** approved 04/30/2020 · Paid in Full · Loan `6770217307`
## Borrower
- **Name:** DALTON AG ENTERPRISES, INC
- **Address:** 602 E. VAN BUREN ST, LENOX, IA, 50851-1606
- **NAICS:** 333111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $420K
- **Initial approval:** $420K
- **Forgiven:** $422K (100%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $316K
- **Rent:** $54K
- **Utilities:** $50K
- **Jobs reported:** 48
## Lender
- **Originating:** First National Bank Ames, Iowa
- **Servicing:** First National Bank Ames, Iowa (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*