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Rowe Electronics, Inc.

$192,500 PPP Loan in Norwalk, Iowa

Loan Details

Loan Number
4879077002
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$192,500
Current Approval
$192,500
Forgiveness Amount
$193,729
Forgiveness Date
Dec 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Rowe Electronics, Inc.
Address
339 Hakes Dr
City
Norwalk
State
Iowa
ZIP Code
50211-9627
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423930)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$6.4M
Rural/Urban
Rural
Congressional District
IA-01

Loan Use Breakdown

Payroll
$156,561
Rent
$20,000
Utilities
$5,022
Health Care
$10,917

Lender Information

Servicing Lender
Farmers State Bank of Alto Pass, Illinois
Originating Lender
Farmers State Bank of Alto Pass, Illinois

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