Iowa Metal Spinners, Inc.

$680,068 PPP Loan in Cedar Falls, Iowa

Loan Details

Loan Number
1032888300
Date Approved
Jan 16, 2021
Loan Status
Paid in Full
Initial Approval
$680,068
Current Approval
$680,068
Forgiveness Amount
$682,769
Forgiveness Date
Jun 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Iowa Metal Spinners, Inc.
Address
7314 Chancellor Dr
State
Iowa
ZIP Code
50613-6970
Business Type
Corporation
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
68
Estimated Revenue
$17.8M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$680,067

Lender Information

Servicing Lender
First Bank
Originating Lender
First Bank

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