# PPP loan: IOWA PARTS INC
> **$200K** approved 04/28/2020 · Paid in Full · Loan `7195727206`
## Borrower
- **Name:** IOWA PARTS INC
- **Address:** 3260 SOUTHGATE PL SW, CEDAR RAPIDS, IA, 52404-5417
- **NAICS:** 333120
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Jobs reported:** 11
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*