# PPP loan: NORTH IOWA BROADCASTING INC
> **$173K** approved 04/09/2020 · Paid in Full · Loan `9678617005`
## Borrower
- **Name:** NORTH IOWA BROADCASTING INC
- **Address:** 146 E B ST, FOREST CITY, IA, 50436-2013
- **NAICS:** 515111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Rent:** $22K
- **Utilities:** $22K
- **Jobs reported:** 32
## Lender
- **Originating:** Manufacturers Bank & Trust Company
- **Servicing:** Manufacturers Bank & Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*