# PPP loan: IOWA BEAUTY AND BARBER SUPPLY, INC
> **$228K** approved 04/08/2020 · Paid in Full · Loan `7931997009`
## Borrower
- **Name:** IOWA BEAUTY AND BARBER SUPPLY, INC
- **Address:** 3961 106th St, URBANDALE, IA, 50322-2002
- **NAICS:** 339112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $229K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $171K
- **Rent:** $57K
- **Jobs reported:** 17
## Lender
- **Originating:** Midwest Heritage Bank, F.S.B.
- **Servicing:** Midwest Heritage Bank, F.S.B. (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*