# PPP loan: CHL DEVELOPMENT CO.
> **$252K** approved 04/07/2020 · Paid in Full · Loan `7376547003`
## Borrower
- **Name:** CHL DEVELOPMENT CO.
- **Address:** 2932 INGERSOLL AVE, DES MOINES, IA, 50312-4015
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $252K
- **Initial approval:** $252K
- **Forgiven:** $254K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $252K
- **Jobs reported:** 52
## Lender
- **Originating:** VisionBank of Iowa
- **Servicing:** VisionBank of Iowa (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*