# PPP loan: NEUMANN MONSON, INC.
> **$703K** approved 04/08/2020 · Paid in Full · Loan `8089207008`
## Borrower
- **Name:** NEUMANN MONSON, INC.
- **Address:** 221 E College St Suite 303, IOWA CITY, IA, 52240-1699
- **NAICS:** 541310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $703K
- **Initial approval:** $703K
- **Forgiven:** $706K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $620K
- **Rent:** $30K
- **Mortgage interest:** $30K
- **Utilities:** $23K
- **Jobs reported:** 41
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*