# PPP loan: IWALA, INC.
> **$197K** approved 04/09/2020 · Paid in Full · Loan `9318857003`
## Borrower
- **Name:** IWALA, INC.
- **Address:** 12031 S  5TH ST, SAINT CHARLES, MO, 63301-2435
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $148K
- **Mortgage interest:** $33K
- **Utilities:** $16K
- **Jobs reported:** 33
## Lender
- **Originating:** Royal Banks of Missouri
- **Servicing:** Royal Banks of Missouri (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*