Van Maanen Electric Inc.

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

Loan Details

Loan Number
4553198500
Date Approved
Feb 26, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,027,178
Forgiveness Date
Jul 14, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Van Maanen Electric Inc.
Address
500 Iowa Speedway Dr
City
Newton
State
Iowa
ZIP Code
50208-9400
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
161
Estimated Revenue
$53.0M
Rural/Urban
Rural
Congressional District
IA-01

Loan Use Breakdown

Payroll
$1,999,995
Utilities
$1

Lender Information

Servicing Lender
Fnnb Bank
Originating Lender
Fnnb Bank

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