Rauen Precision Machining INC
$309,835 PPP Loan in Farley, Iowa
Loan Details
- Loan Number
- 2125118710
- Date Approved
- Mar 28, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $309,835
- Current Approval
- $309,835
- Forgiveness Amount
- $311,677
- Forgiveness Date
- Nov 10, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Rauen Precision Machining INC
- Address
- 951 9th Ave NW
- City
- Farley
- State
- Iowa
- ZIP Code
- 52046-9408
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (333318)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 24
- Estimated Revenue
- $6.3M
- Rural/Urban
- Urban
- Congressional District
- IA-02
Loan Use Breakdown
- Payroll
- $309,830
- Utilities
- $1
Lender Information
- Servicing Lender
- Itria Ventures LLC
- Originating Lender
- Itria Ventures LLC
Other PPP Loans in Farley, IA
| Business | Approved | |
|---|---|---|
| East Iowa Machine Company, LLC | $2,195,900 |  Research |
| Simon's Trucking Inc. | $1,810,700 | Research |
| Behnke Enterprises, Inc. | $1,163,700 | Research |
| Lund Manufacturing Co., Inc. | $506,800 | Research |
| Kluesner Construction INC | $477,400 | Research |
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