Mccormick-Guntren Music Corp

$230,100 PPP Loan in Sioux City, Iowa

Loan Details

Loan Number
4796597010
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$230,100
Current Approval
$230,100
Forgiveness Amount
$232,343
Forgiveness Date
Apr 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mccormick-Guntren Music Corp
Address
4230 S Lancelot Lane
State
Iowa
ZIP Code
51106
Business Type
Corporation
Industry (NAICS)
Retail Trade (451140)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$5.2M
Rural/Urban
Urban
Congressional District
IA-04

Loan Use Breakdown

Payroll
$183,700
Rent
$32,500
Utilities
$5,400
Health Care
$8,500

Lender Information

Servicing Lender
Northwest Bank
Originating Lender
Northwest Bank

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