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Sbemco International, Inc.

$356,400 PPP Loan in Algona, Iowa

Loan Details

Loan Number
4525417000
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$356,400
Current Approval
$356,400
Forgiveness Amount
$356,771
Forgiveness Date
Nov 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Sbemco International, Inc.
Address
715 North Finn Drive
City
Algona
State
Iowa
ZIP Code
50511-2226
Business Type
Corporation
Industry (NAICS)
Manufacturing (314110)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$8.5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$356,400

Lender Information

Servicing Lender
Iowa State Bank
Originating Lender
Iowa State Bank

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