# PPP loan: WORKGROUPS DAVINCI, INC.
> **$276K** approved 04/09/2020 · Paid in Full · Loan `9749827007`
## Borrower
- **Name:** WORKGROUPS DAVINCI, INC.
- **Address:** 666 WALNUT ST #1280, DES MOINES, IA, 50309-3904
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $276K
- **Initial approval:** $276K
- **Forgiven:** $278K (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $248K
- **Utilities:** $28K
- **Jobs reported:** 17
## Lender
- **Originating:** Heartland Bank and Trust Company
- **Servicing:** Heartland Bank and Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*