# PPP loan: TRI-STATES GRAIN CONDITIONING
> **$168K** approved 04/07/2020 · Paid in Full · Loan `7276057001`
## Borrower
- **Name:** TRI-STATES GRAIN CONDITIONING
- **Address:** 1600 HUDSON AVE, SPIRIT LAKE, IA, 51360-2135
- **NAICS:** 493130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $168K
- **Initial approval:** $168K
- **Forgiven:** $169K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $134K
- **Mortgage interest:** $11K
- **Utilities:** $11K
- **Health care:** $11K
- **Jobs reported:** 15
## Lender
- **Originating:** Farmers Savings Bank
- **Servicing:** Farmers Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*