# PPP loan: NORTHEAST IOWA COMMUNITY ACTION CORP
> **$801K** approved 04/15/2020 · Paid in Full · Loan `8542007104`
## Borrower
- **Name:** NORTHEAST IOWA COMMUNITY ACTION CORP
- **Address:** 305 MONTGOMERY ST, DECORAH, IA, 52101-2721
- **NAICS:** 923130
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $801K
- **Initial approval:** $1.24M
- **Forgiven:** $808K (101%)
- **Forgiveness date:** 01/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $801K
- **Jobs reported:** 165
## Lender
- **Originating:** Decorah Bank & Trust Company
- **Servicing:** Decorah Bank & Trust Company (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*