Metalcraft Inc.
$1,256,000 PPP Loan in Mason City, Iowa
Loan Details
- Loan Number
- 4489057001
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,256,000
- Current Approval
- $1,256,000
- Forgiveness Amount
- $1,267,618
- Forgiveness Date
- Mar 15, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Metalcraft Inc.
- Address
- 3360 9th Street SW
- City
- Mason City
- State
- Iowa
- ZIP Code
- 50401-7313
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332312)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 115
- Estimated Revenue
- $28.1M
- Rural/Urban
- Urban
- Congressional District
- IA-02
Loan Use Breakdown
- Payroll
- $1,056,000
- Utilities
- $30,000
- Health Care
- $130,000
- Mortgage Interest
- $20,000
- Debt Interest
- $20,000
Lender Information
- Servicing Lender
- Clear Lake Bank & Trust Company
- Originating Lender
- Clear Lake Bank & Trust Company
Other PPP Loans in Mason City, IA
| Business | Approved | |
|---|---|---|
| Mason City Clinic, PC | $3,152,600 | |
| Stoney Creek Hospitality Corp | $2,377,400 | |
| Good Shepherd Geriatric Center INC | $2,345,842 | |
| Woodharbor Molding & Millworks, INC | $2,066,600 | |
| Stoney Creek Hospitality Corp | $2,000,000 |
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