# PPP loan: PATRICK ALEXANDER KESSEL
> **$160K** approved 04/08/2020 · Paid in Full · Loan `8152817007`
## Borrower
- **Name:** PATRICK ALEXANDER KESSEL
- **Address:** 106 N 28th, FAIRFIELD, IA, 52556-4310
- **NAICS:** 524210
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $144K
- **Rent:** $4K
- **Mortgage interest:** $1K
- **Utilities:** $4K
- **Debt interest:** $7K
- **Jobs reported:** 16
## Lender
- **Originating:** Iowa State Bank and Trust Company of Fairfield, Iowa
- **Servicing:** Iowa State Bank and Trust Company of Fairfield, Iowa (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*