Iowa Fluid Power, Inc.

$2,608,800 PPP Loan in Cedar Rapids, Iowa

Loan Details

Loan Number
2070427105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$2,608,800
Current Approval
$2,608,800
Forgiveness Amount
$2,638,946
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Iowa Fluid Power, Inc.
Address
1610 Blairs Ferry Rd
State
Iowa
ZIP Code
52402-5806
Business Type
Corporation
Industry (NAICS)
Manufacturing (333995)
Business Age
Existing or more than 2 years old
Jobs Reported
142
Estimated Revenue
$37.2M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$2,608,800

Lender Information

Servicing Lender
Cedar Rapids Bank and Trust Company
Originating Lender
Cedar Rapids Bank and Trust Company

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