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Grove Tools, Inc.

$105,300 PPP Loan in Dubuque, Iowa

Loan Details

Loan Number
1961037203
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$105,300
Current Approval
$105,300
Forgiveness Amount
$106,341
Forgiveness Date
Apr 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Grove Tools, Inc.
Address
3230 Dodge Street
City
Dubuque
State
Iowa
ZIP Code
52003
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$78,975
Rent
$6,581
Utilities
$6,581
Mortgage Interest
$6,581
Refinance EIDL
$6,581

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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