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Sbemco International, Inc.

$327,355 PPP Loan in Algona, Iowa

Loan Details

Loan Number
1005378305
Date Approved
Jan 16, 2021
Loan Status
Paid in Full
Initial Approval
$327,355
Current Approval
$327,355
Forgiveness Amount
$328,674
Forgiveness Date
Jun 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Sbemco International, Inc.
Address
715 N Finn Dr
City
Algona
State
Iowa
ZIP Code
50511-2226
Business Type
Corporation
Industry (NAICS)
Manufacturing (314110)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$7.4M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$327,349
Utilities
$1

Lender Information

Servicing Lender
Iowa State Bank
Originating Lender
Iowa State Bank

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