# PPP loan: SANCTUARY SPA
> **$280K** approved 04/08/2020 · Paid in Full · Loan `8387227001`
## Borrower
- **Name:** SANCTUARY SPA
- **Address:** 5100 FOUNTAINS DR NE STE 106, CEDAR RAPIDS, IA, 52411-6603
- **NAICS:** 812990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $282K
- **Forgiven:** $283K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $210K
- **Rent:** $35K
- **Utilities:** $35K
- **Jobs reported:** 60
## Lender
- **Originating:** Farmers State Bank
- **Servicing:** Farmers State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*