Gregs Lawn Service, INC

$503,300 PPP Loan in Cedar Rapids, Iowa

Loan Details

Loan Number
4679777006
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$503,300
Current Approval
$503,300
Forgiveness Amount
$509,396
Forgiveness Date
Jun 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gregs Lawn Service, INC
Address
1200 Continental Pl
State
Iowa
ZIP Code
52402-2031
Business Type
Subchapter S Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561730)
Business Age
Existing or more than 2 years old
Jobs Reported
79
Estimated Revenue
$17.1M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$423,300
Rent
$50,000
Utilities
$10,000
Debt Interest
$20,000

Lender Information

Servicing Lender
Farmers State Bank
Originating Lender
Farmers State Bank

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