Nid, INC

$2,094,800 PPP Loan in Garner, Iowa

Loan Details

Loan Number
4538087007
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$2,094,800
Current Approval
$2,094,800
Forgiveness Amount
$2,119,414
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Nid, INC
Address
365 Cottonwood Dr
City
Garner
State
Iowa
ZIP Code
50438-1128
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541214)
Business Age
Existing or more than 2 years old
Jobs Reported
204
Estimated Revenue
$64.9M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$1,571,100
Utilities
$261,850
Mortgage Interest
$261,850

Lender Information

Servicing Lender
Manufacturers Bank & Trust Company
Originating Lender
Manufacturers Bank & Trust Company

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