Acme Electric Company
$1,772,800 PPP Loan in Cedar Rapids, Iowa
Loan Details
- Loan Number
- 4617797006
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,772,800
- Current Approval
- $1,772,800
- Forgiveness Amount
- $1,786,194
- Forgiveness Date
- Jan 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Acme Electric Company
- Address
- 1060 Capital Dr SW
- City
- Cedar Rapids
- State
- Iowa
- ZIP Code
- 52404-9053
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 102
- Estimated Revenue
- $33.6M
- Rural/Urban
- Urban
- Congressional District
- IA-02
Loan Use Breakdown
- Payroll
- $1,772,800
Lender Information
- Servicing Lender
- Farmers & Merchants Savings Bank
- Originating Lender
- Farmers & Merchants Savings Bank
Other PPP Loans in Cedar Rapids, IA
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| Van Meter Inc. | $7,413,400 | AI Deep Dive |
| Physicians' Clinic of Iowa, P.c. | $6,762,737 | AI Deep Dive |
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