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Rada Mfg Co.

$994,100 PPP Loan in Waverly, Iowa

Loan Details

Loan Number
4784147007
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$994,100
Current Approval
$994,100
Forgiveness Amount
$1,000,120
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Rada Mfg Co.
Address
905 Industrial St
City
Waverly
State
Iowa
ZIP Code
50677-1851
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332215)
Business Age
Existing or more than 2 years old
Jobs Reported
92
Estimated Revenue
$22.5M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$994,100

Lender Information

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

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