# PPP loan: ICON INDUSTRIAL SERVICES, LLC
> **$1.20M** approved 04/07/2020 · Paid in Full · Loan `7296477006`
## Borrower
- **Name:** ICON INDUSTRIAL SERVICES, LLC
- **Address:** 5104 J ST, CEDAR RAPIDS, IA, 52404-4919
- **NAICS:** 238290
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $1.21M (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.00M
- **Rent:** $50K
- **Mortgage interest:** $10K
- **Utilities:** $40K
- **Health care:** $47K
- **Debt interest:** $50K
- **Jobs reported:** 40
## 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*