Moorman Clothiers, Ltd

$52,600 PPP Loan in Mason City, Iowa

Loan Details

Loan Number
4644617004
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$52,600
Current Approval
$52,600
Forgiveness Amount
$52,977
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Moorman Clothiers, Ltd
Address
1 S Federal Ave
State
Iowa
ZIP Code
50401-3727
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (448140)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$39,450
Rent
$9,150
Utilities
$4,000

Lender Information

Servicing Lender
First Citizens Bank
Originating Lender
First Citizens Bank

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