# PPP loan: PREMIUM IOWA PORK,LLC
> **$3.95M** approved 04/14/2020 · Paid in Full · Loan `7283797107`
## Borrower
- **Name:** PREMIUM IOWA PORK,LLC
- **Address:** 108 First Avenue South, HOSPERS, IA, 51238
- **NAICS:** 424520
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.95M
- **Initial approval:** $3.95M
- **Forgiven:** $4.00M (101%)
- **Forgiveness date:** 08/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.96M
- **Rent:** $247K
- **Mortgage interest:** $247K
- **Utilities:** $247K
- **Health care:** $247K
- **Jobs reported:** 419
## Lender
- **Originating:** MidWestOne Bank
- **Servicing:** MidWestOne Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*