# PPP loan: AREA SUBSTANCE ABUSE COUNCIL,
> **$1.54M** approved 04/07/2020 · Paid in Full · Loan `6831577010`
## Borrower
- **Name:** AREA SUBSTANCE ABUSE COUNCIL,
- **Address:** 3601 16th Ave. SW, CEDAR RAPIDS, IA, 52404-2328
- **NAICS:** 621420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.54M
- **Initial approval:** $1.54M
- **Forgiven:** $1.56M (101%)
- **Forgiveness date:** 02/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.54M
- **Jobs reported:** 160
## Lender
- **Originating:** Ohnward Bank & Trust
- **Servicing:** Ohnward Bank & Trust (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*