First Mainstreet Insurance, Lc

$616,500 PPP Loan in Cedar Rapids, Iowa

Loan Details

Loan Number
3272347108
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$616,500
Current Approval
$616,500
Forgiveness Amount
$623,984
Forgiveness Date
Jul 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
First Mainstreet Insurance, Lc
Address
500 1st Street SE
State
Iowa
ZIP Code
52401-1314
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
61
Estimated Revenue
$31.3M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$462,375
Rent
$38,531
Utilities
$38,531
Health Care
$38,531
Mortgage Interest
$38,531

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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