Doerfer Corporation

$2,000,000 PPP Loan in Waverly, Iowa

Loan Details

Loan Number
4377668303
Date Approved
Jan 23, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,019,178
Forgiveness Date
Jan 14, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Doerfer Corporation
Address
1801 E Bremer Ave
State
Iowa
ZIP Code
50677-4268
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333999)
Business Age
Existing or more than 2 years old
Jobs Reported
274
Estimated Revenue
$71.7M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$1,999,995
Utilities
$1

Lender Information

Servicing Lender
Fortress Bank
Originating Lender
Fortress Bank

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