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Lcl Distributing, Inc.

$110,640 PPP Loan in Grinnell, Iowa

Loan Details

Loan Number
1741497101
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$110,640
Current Approval
$110,640
Forgiveness Amount
$111,255
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lcl Distributing, Inc.
Address
4192 Hwy 146
City
Grinnell
State
Iowa
ZIP Code
50112-8165
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484121)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$100,640
Utilities
$5,000
Mortgage Interest
$5,000

Lender Information

Servicing Lender
First State Bank
Originating Lender
First State Bank

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