The Arc of East Central Iowa

$731,877 PPP Loan in Cedar Rapids, Iowa

Loan Details

Loan Number
3652538801
Date Approved
Apr 15, 2021
Loan Status
Paid in Full
Initial Approval
$731,877
Current Approval
$731,877
Forgiveness Amount
$737,793
Forgiveness Date
Feb 1, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
The Arc of East Central Iowa
Address
680 2nd St SE
State
Iowa
ZIP Code
52401-2006
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (624120)
Business Age
Existing or more than 2 years old
Jobs Reported
262
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$731,875
Utilities
$1

Lender Information

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

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