Southwest Distributing Company
$205,000 PPP Loan in Creston, Iowa
Loan Details
- Loan Number
- 3921257204
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $205,000
- Current Approval
- $205,000
- Forgiveness Amount
- $206,331
- Forgiveness Date
- Dec 28, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Southwest Distributing Company
- Address
- 301 Industrial Pkwy
- City
- Creston
- State
- Iowa
- ZIP Code
- 50801-8102
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (424810)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 20
- Estimated Revenue
- $5.1M
- Rural/Urban
- Rural
- Congressional District
- IA-03
Loan Use Breakdown
- Payroll
- $161,180
- Rent
- $17,920
- Utilities
- $6,500
- Health Care
- $16,200
- Mortgage Interest
- $3,200
Lender Information
- Servicing Lender
- Iowa State Savings Bank
- Originating Lender
- Iowa State Savings Bank
Other PPP Loans in Creston, IA
| Business | Approved | |
|---|---|---|
| Greater Regional Medical Center | $6,060,000 | |
| R. E. Lewis Refrigeration, Inc. | $575,600 | |
| Precision Optical Group, INC | $401,000 | |
| Precision Optical Group INC | $401,000 | |
| Green Valley Chemical Corporation | $393,750 |
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