# PPP loan: LEDERMAN BONDING COMPANY
> **$358K** approved 04/07/2020 · Paid in Full · Loan `7270187004`
## Borrower
- **Name:** LEDERMAN BONDING COMPANY
- **Address:** 712 SYCAMORE ST, WATERLOO, IA, 50703-4728
- **NAICS:** 812990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $358K
- **Initial approval:** $358K
- **Forgiven:** $360K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $358K
- **Jobs reported:** 25
## Lender
- **Originating:** Farmers State Bank
- **Servicing:** Farmers State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*