# PPP loan: SLB OF IOWA, LC
> **$3.69M** approved 04/08/2020 · Paid in Full · Loan `8108867003`
## Borrower
- **Name:** SLB OF IOWA, LC
- **Address:** 1241 Park Place NE Suite C, CEDAR RAPIDS, IA, 52402-2018
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.69M
- **Initial approval:** $3.69M
- **Forgiven:** $3.73M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.92M
- **Rent:** $623K
- **Utilities:** $145K
- **Jobs reported:** 500
## Lender
- **Originating:** Lincoln Savings Bank
- **Servicing:** Lincoln Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*