Mid-Iowa Tools, Inc.
$306,400 PPP Loan in Cedar Rapids, Iowa
Loan Details
- Loan Number
- 4350507000
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $306,400
- Current Approval
- $306,400
- Forgiveness Amount
- $307,933
- Forgiveness Date
- Nov 27, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mid-Iowa Tools, Inc.
- Address
- 3350 Square D Drive SW
- City
- Cedar Rapids
- State
- Iowa
- ZIP Code
- 52404-3916
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (423830)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 21
- Estimated Revenue
- $6.4M
- Rural/Urban
- Urban
- Congressional District
- IA-02
Loan Use Breakdown
- Payroll
- $306,400
Lender Information
- Servicing Lender
- Farmers & Merchants Savings Bank
- Originating Lender
- Farmers & Merchants Savings Bank
Other PPP Loans in Cedar Rapids, IA
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|---|---|---|
| Modern Holdings, Inc. | $7,955,000 |  AI Deep Dive |
| Van Meter Inc. | $7,413,400 | AI Deep Dive |
| Physicians' Clinic of Iowa, P.c. | $6,762,737 | AI Deep Dive |
| Shive-Hattery Group, Inc. | $6,058,800 | AI Deep Dive |
| Thomas L. Cardella & Associates, INC | $5,908,300 | AI Deep Dive |
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