R & D Industries, Inc.

$416,000 PPP Loan in Milford, Iowa

Loan Details

Loan Number
4736297001
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$416,000
Current Approval
$416,000
Forgiveness Amount
$418,334
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
R & D Industries, Inc.
Address
812 10th St
State
Iowa
ZIP Code
51351-1541
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541519)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$6.2M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$376,000
Rent
$20,000
Utilities
$20,000

Lender Information

Servicing Lender
Northwest Bank
Originating Lender
Northwest Bank

Other PPP Loans in Milford, IA

BusinessApproved
Krmm Hospitality LLC$1,083,215NewBizBotAI Deep Dive
Krmm Hospitality$773,800NewBizBotAI Deep Dive
Clary Lake Service, INC$493,900NewBizBotAI Deep Dive
R & D Industries Inc.$435,500NewBizBotAI Deep Dive
Ingham Okoboji Lutheran Bible Camp$238,990NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free