# PPP loan: FALLS AVENUE WESLEYAN CHURCH OF WATERLOO, INC.
> **$220K** approved 04/08/2020 · Paid in Full · Loan `8094087003`
## Borrower
- **Name:** FALLS AVENUE WESLEYAN CHURCH OF WATERLOO, INC.
- **Address:** 3520 ANSBOROUGH AVE, WATERLOO, IA, 50701-4802
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $222K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Jobs reported:** 50
## Lender
- **Originating:** Cedar Rapids Bank and Trust Company
- **Servicing:** Cedar Rapids Bank and Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*