# PPP loan: IOWA STEEL & WIRE CO.
> **$913K** approved 04/07/2020 · Paid in Full · Loan `7320527009`
## Borrower
- **Name:** IOWA STEEL & WIRE CO.
- **Address:** 1500 W VAN BUREN ST, CENTERVILLE, IA, 52544-1271
- **NAICS:** 332618
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $913K
- **Initial approval:** $913K
- **Forgiven:** $918K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $913K
- **Jobs reported:** 86
## Lender
- **Originating:** Iowa Trust and Savings Bank
- **Servicing:** Iowa Trust and Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*