# PPP loan: TERRY-DURIN COMPANY
> **$632K** approved 04/09/2020 · Paid in Full · Loan `8931017002`
## Borrower
- **Name:** TERRY-DURIN COMPANY
- **Address:** 409 7TH AVE SE, CEDAR RAPIDS, IA, 52401-2130
- **NAICS:** 423610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $632K
- **Initial approval:** $632K
- **Forgiven:** $635K (101%)
- **Forgiveness date:** 11/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $632K
- **Jobs reported:** 56
## Lender
- **Originating:** Farmers & Merchants Savings Bank
- **Servicing:** Farmers & Merchants Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*