Folience INC

$2,878,800 PPP Loan in Cedar Rapids, Iowa

Loan Details

Loan Number
4730017008
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$2,878,800
Current Approval
$2,878,800
Forgiveness Amount
$2,911,906
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Folience INC
Address
230 2nd St SE
State
Iowa
ZIP Code
52401-1406
Business Type
Subchapter S Corporation
Industry (NAICS)
Management of Companies and Enterprises (551114)
Business Age
Existing or more than 2 years old
Jobs Reported
236
Estimated Revenue
$38.8M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$2,878,800

Lender Information

Servicing Lender
Cedar Rapids Bank and Trust Company
Originating Lender
Cedar Rapids Bank and Trust Company

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