# PPP loan: BERNIE LOWE & ASSOCIATES
> **$153K** approved 04/08/2020 · Paid in Full · Loan `8163437006`
## Borrower
- **Name:** BERNIE LOWE & ASSOCIATES
- **Address:** 615 Horeshoe Dr Ste G, GRINNELL, IA, 50112-4711
- **NAICS:** 524292
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $153K
- **Initial approval:** $153K
- **Forgiven:** $154K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $140K
- **Rent:** $5K
- **Mortgage interest:** $5K
- **Utilities:** $3K
- **Jobs reported:** 10
## Lender
- **Originating:** Grinnell State Bank
- **Servicing:** Grinnell State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*