# PPP loan: MEYER BROTHERS INC
> **$298K** approved 04/07/2020 · Paid in Full · Loan `7406437007`
## Borrower
- **Name:** MEYER BROTHERS INC
- **Address:** 3220 STONE PARK BLVD, SIOUX CITY, IA, 51104-2250
- **NAICS:** 812210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $298K
- **Initial approval:** $298K
- **Forgiven:** $300K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $233K
- **Rent:** $50K
- **Health care:** $15K
- **Jobs reported:** 41
## Lender
- **Originating:** The Security National Bank of Sioux City, Iowa
- **Servicing:** The Security National Bank of Sioux City, Iowa (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*