# PPP loan: FESLER, INC.
> **$221K** approved 04/07/2020 · Paid in Full · Loan `6976637005`
## Borrower
- **Name:** FESLER, INC.
- **Address:** 1922 BUSINESS 34, FAIRFIELD, IA, 52556-8401
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $223K (101%)
- **Forgiveness date:** 04/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $180K
- **Rent:** $5K
- **Mortgage interest:** $5K
- **Utilities:** $5K
- **Health care:** $15K
- **Debt interest:** $11K
- **Jobs reported:** 27
## Lender
- **Originating:** Iowa State Bank and Trust Company of Fairfield, Iowa
- **Servicing:** Iowa State Bank and Trust Company of Fairfield, Iowa (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*