# PPP loan: ALLENDAN SEED COMPANY, INC.
> **$495K** approved 04/08/2020 · Paid in Full · Loan `7728457005`
## Borrower
- **Name:** ALLENDAN SEED COMPANY, INC.
- **Address:** 1966 175TH LN, WINTERSET, IA, 50273-8500
- **NAICS:** 111191
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $495K
- **Initial approval:** $495K
- **Forgiven:** $499K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $490K
- **Utilities:** $5K
- **Jobs reported:** 34
## Lender
- **Originating:** Luana Savings Bank
- **Servicing:** Luana Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*