# PPP loan: IOWA REGIONAL UTILITIES ASSOCIATION
> **$767K** approved 04/08/2020 · Paid in Full · Loan `8838467003`
## Borrower
- **Name:** IOWA REGIONAL UTILITIES ASSOCIATION
- **Address:** 1351 Iowa Speedway Drive, NEWTON, IA, 50208-8254
- **NAICS:** 221310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $767K
- **Initial approval:** $767K
- **Forgiven:** $774K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $767K
- **Jobs reported:** 62
## 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*