# PPP loan: ANDERSON TOOLING INC
> **$154K** approved 04/15/2020 · Paid in Full · Loan `8655917102`
## Borrower
- **Name:** ANDERSON TOOLING INC
- **Address:** 200 N 6th PO Box 1258, FAIRFIELD, IA, 52556
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $115K
- **Rent:** $10K
- **Mortgage interest:** $10K
- **Utilities:** $10K
- **Health care:** $10K
- **Jobs reported:** 16
## Lender
- **Originating:** MidWestOne Bank
- **Servicing:** MidWestOne Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*