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Rubber Development Inc.

$187,500 PPP Loan in Waverly, Iowa

Loan Details

Loan Number
3790928504
Date Approved
Feb 24, 2021
Loan Status
Paid in Full
Initial Approval
$187,500
Current Approval
$187,500
Forgiveness Amount
$188,203
Forgiveness Date
Jul 19, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Rubber Development Inc.
Address
701 Technology Pl
City
Waverly
State
Iowa
ZIP Code
50677-4366
Business Type
Corporation
Industry (NAICS)
Manufacturing (326299)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
$15.9M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$187,499
Utilities
$1

Lender Information

Servicing Lender
Farmers State Bank
Originating Lender
Farmers State Bank

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