Munson Electric, Inc.

$1,565,400 PPP Loan in Hiawatha, Iowa

Loan Details

Loan Number
4737697005
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$1,565,400
Current Approval
$1,565,400
Forgiveness Amount
$1,575,575
Forgiveness Date
Dec 4, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Munson Electric, Inc.
Address
1704 Commerce Blvd
State
Iowa
ZIP Code
52233-1366
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
66
Estimated Revenue
$21.7M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$1,565,400

Lender Information

Servicing Lender
Farmers & Merchants Savings Bank
Originating Lender
Farmers & Merchants Savings Bank

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