Evolution Power Tools, LLC

$328,382 PPP Loan in Davenport, Iowa

Loan Details

Loan Number
1718937202
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$328,382
Current Approval
$328,382
Forgiveness Amount
$330,142
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Evolution Power Tools, LLC
Address
8363 Research Drive
State
Iowa
ZIP Code
52806
Business Type
Partnership
Industry (NAICS)
Manufacturing (333515)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$5.2M
Rural/Urban
Urban
Congressional District
IA-01

Loan Use Breakdown

Payroll
$328,382

Lender Information

Servicing Lender
U.s. Bank, National Association
Originating Lender
U.s. Bank, National Association

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