# PPP loan: PREMIER TOOLING & MANUFACTURING, INC.
> **$1.55M** approved 04/07/2020 · Paid in Full · Loan `7351207010`
## Borrower
- **Name:** PREMIER TOOLING & MANUFACTURING, INC.
- **Address:** 8853 KAPP DR, PEOSTA, IA, 52068-9447
- **NAICS:** 333517
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.55M
- **Initial approval:** $1.55M
- **Forgiven:** $1.56M (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.16M
- **Rent:** $97K
- **Mortgage interest:** $97K
- **Utilities:** $97K
- **Debt interest:** $97K
- **Jobs reported:** 132
## Lender
- **Originating:** Dupaco Community CU
- **Servicing:** Dupaco Community CU (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*