# PPP loan: SIGLER COMPANIES, INC.
> **$1.76M** approved 04/07/2020 · Paid in Full · Loan `7660237001`
## Borrower
- **Name:** SIGLER COMPANIES, INC.
- **Address:** 3100 S. RIVERSIDE DR, AMES, IA, 50010-8659
- **NAICS:** 323111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.76M
- **Initial approval:** $1.76M
- **Forgiven:** $1.77M (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.32M
- **Mortgage interest:** $146K
- **Utilities:** $146K
- **Health care:** $146K
- **Jobs reported:** 156
## Lender
- **Originating:** First National Bank Ames, Iowa
- **Servicing:** First National Bank Ames, Iowa (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*