Franken Implement, Inc.
$108,000 PPP Loan in Rock Valley, Iowa
Loan Details
- Loan Number
- 4995437000
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $108,000
- Current Approval
- $108,000
- Forgiveness Amount
- $108,953
- Forgiveness Date
- Mar 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Franken Implement, Inc.
- Address
- 2782 360th St
- City
- Rock Valley
- State
- Iowa
- ZIP Code
- 51247-7511
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (453998)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 12
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- IA-04
Loan Use Breakdown
- Payroll
- $94,500
- Utilities
- $5,400
- Mortgage Interest
- $8,100
Lender Information
- Servicing Lender
- American State Bank
- Originating Lender
- American State Bank
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