World Class Industries INC
$2,264,500 PPP Loan in Hiawatha, Iowa
Loan Details
- Loan Number
- 1981187101
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,264,500
- Current Approval
- $2,264,500
- Forgiveness Amount
- $2,292,743
- Forgiveness Date
- Jul 14, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- World Class Industries INC
- Address
- 925 North 15th Avenue
- City
- Hiawatha
- State
- Iowa
- ZIP Code
- 52233-2207
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541614)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 210
- Estimated Revenue
- $21.7M
- Rural/Urban
- Urban
- Congressional District
- IA-02
Loan Use Breakdown
- Payroll
- $1,698,375
- Rent
- $141,531
- Utilities
- $141,531
- Health Care
- $141,531
- Mortgage Interest
- $141,531
Lender Information
- Servicing Lender
- Midwestone Bank
- Originating Lender
- Midwestone Bank
Other PPP Loans in Hiawatha, IA
| Business | Approved | |
|---|---|---|
| Communications Engineering Company | $4,099,500 |  Research |
| Ccb Packaging, Inc. | $2,353,500 | Research |
| Newell Machinery Company, Inc. | $2,280,097 | Research |
| Hawkeye Electrical Contractors of Cedar Rapids, Ltd | $1,984,400 | Research |
| West Janitorial Service, Inc. | $1,700,000 | Research |
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