Locher & Davis Plc
$118,400 PPP Loan in Farley, Iowa
Loan Details
- Loan Number
- 4855167000
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $118,400
- Current Approval
- $118,400
- Forgiveness Amount
- $120,150
- Forgiveness Date
- Oct 4, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Locher & Davis Plc
- Address
- 202 2nd Avenue NW
- City
- Farley
- State
- Iowa
- ZIP Code
- 52046-7740
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 18
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- IA-02
Loan Use Breakdown
- Payroll
- $88,800
- Rent
- $7,400
- Utilities
- $7,400
- Health Care
- $7,400
- Mortgage Interest
- $7,400
Lender Information
- Servicing Lender
- Midwestone Bank
- Originating Lender
- Midwestone Bank
Other PPP Loans in Farley, IA
| Business | Approved | |
|---|---|---|
| East Iowa Machine Company, LLC | $2,195,900 |  Research |
| Simon's Trucking Inc. | $1,810,700 | Research |
| Behnke Enterprises, Inc. | $1,163,700 | Research |
| Lund Manufacturing Co., Inc. | $506,800 | Research |
| Kluesner Construction INC | $477,400 | Research |
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