Freund-Vector Corporation

$2,142,000 PPP Loan in Marion, Iowa

Loan Details

Loan Number
4869287002
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$2,142,000
Current Approval
$2,142,900
Forgiveness Amount
$2,168,079
Forgiveness Date
Jun 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Freund-Vector Corporation
Address
675 44th Street
City
Marion
State
Iowa
ZIP Code
52302-3800
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423490)
Business Age
Existing or more than 2 years old
Jobs Reported
115
Estimated Revenue
$35.2M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$2,142,900

Lender Information

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

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