# PPP loan: R. E. LEWIS REFRIGERATION, INC.
> **$576K** approved 04/07/2020 · Paid in Full · Loan `7189037008`
## Borrower
- **Name:** R. E. LEWIS REFRIGERATION, INC.
- **Address:** 803 S. Lincoln Street, CRESTON, IA, 50801-2900
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $576K
- **Initial approval:** $576K
- **Forgiven:** $580K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $562K
- **Rent:** $10K
- **Utilities:** $4K
- **Jobs reported:** 32
## Lender
- **Originating:** Iowa State Savings Bank
- **Servicing:** Iowa State Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*