Red Oak Greenhouses, Inc.
$967,800 PPP Loan in Red Oak, Iowa
Loan Details
- Loan Number
- 4397137004
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $967,800
- Current Approval
- $967,800
- Forgiveness Amount
- $976,053
- Forgiveness Date
- Feb 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Red Oak Greenhouses, Inc.
- Address
- 401 W Coolbaugh
- City
- Red Oak
- State
- Iowa
- ZIP Code
- 51566-6107
- Business Type
- Corporation
- Industry (NAICS)
- Agriculture, Forestry, Fishing and Hunting (111421)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 165
- Estimated Revenue
- $16.9M
- Rural/Urban
- Rural
- Congressional District
- IA-03
Loan Use Breakdown
- Payroll
- $774,289
- Rent
- $60,000
- Utilities
- $55,207
- Health Care
- $78,304
Lender Information
- Servicing Lender
- Houghton State Bank
- Originating Lender
- Houghton State Bank
Other PPP Loans in Red Oak, IA
| Business | Approved | |
|---|---|---|
| Montgomery County Memorial Hospital | $5,031,782 |  Research |
| United Farmers Cooperative | $3,036,200 | Research |
| Red Oak Fabrication | $530,900 | Research |
| Kismet Rdk, LLC | $298,500 | Research |
| 1200 Senate Avenue LLC | $235,746 | Research |
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