# PPP loan: RICK DEGROOTE
> **$456K** approved 04/09/2020 · Paid in Full · Loan `9315667010`
## Borrower
- **Name:** RICK DEGROOTE
- **Address:** 31208 RIDGE AVE, PARKERSBURG, IA, 50665-7594
- **NAICS:** 111150
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $456K
- **Initial approval:** $253K
- **Forgiven:** $461K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $456K
- **Jobs reported:** 26
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*