# PPP loan: IOWA COUNTERTOPS, INC.
> **$340K** approved 04/08/2020 · Paid in Full · Loan `7752477000`
## Borrower
- **Name:** IOWA COUNTERTOPS, INC.
- **Address:** 3050 SE Gateway Drive, GRIMES, IA, 50111-4997
- **NAICS:** 423390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $340K
- **Initial approval:** $340K
- **Forgiven:** $343K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $280K
- **Rent:** $15K
- **Utilities:** $10K
- **Health care:** $35K
- **Jobs reported:** 27
## 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*