# PPP loan: CARTERSVILLE ELEVATOR, INC
> **$173K** approved 04/14/2020 · Paid in Full · Loan `7051777102`
## Borrower
- **Name:** CARTERSVILLE ELEVATOR, INC
- **Address:** 21823 160TH ST, ROCKWELL, IA, 50469-8827
- **NAICS:** 493130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $138K
- **Rent:** $15K
- **Health care:** $10K
- **Debt interest:** $10K
- **Jobs reported:** 18
## Lender
- **Originating:** First Security Bank & Trust Company
- **Servicing:** First Security Bank & Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*