# PPP loan: EMPLOYEE GROUP SERVICES, LTD
> **$688K** approved 04/10/2020 · Paid in Full · Loan `2251417101`
## Borrower
- **Name:** EMPLOYEE GROUP SERVICES, LTD
- **Address:** 424 1ST AVE NE, CEDAR RAPIDS, IA, 52401-1313
- **NAICS:** 524292
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $688K
- **Initial approval:** $970K
- **Forgiven:** $692K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $688K
- **Jobs reported:** 62
## Lender
- **Originating:** Bankers Trust Company
- **Servicing:** Bankers Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*