# PPP loan: GRAPNEL TECH SERVICES LLC
> **$419K** approved 03/24/2021 · Exemption 4 · Loan `8341258610`
## Borrower
- **Name:** GRAPNEL TECH SERVICES LLC
- **Address:** 12951 University Ave Ste 200, Clive, IA, 50325-8223
- **NAICS:** 561330
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $419K
- **Initial approval:** $419K
- **Forgiven:** $397K (95%)
- **Forgiveness date:** 05/26/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $419K
- **Jobs reported:** 25
## Lender
- **Originating:** First Interstate Bank
- **Servicing:** First Interstate Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*