# PPP loan: DAN DEERY MOTOR COMPANY
> **$1.26M** approved 04/09/2020 · Paid in Full · Loan `9791497008`
## Borrower
- **Name:** DAN DEERY MOTOR COMPANY
- **Address:** 3900 ALEXANDRA DR, WATERLOO, IA, 50702-4320
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.26M
- **Initial approval:** $1.26M
- **Forgiven:** $1.27M (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.26M
- **Jobs reported:** 95
## Lender
- **Originating:** Connection Bank
- **Servicing:** Connection Bank (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*