Josephson Manufacturing Company

$731,200 PPP Loan in Fort Dodge, Iowa

Loan Details

Loan Number
5005737003
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$731,200
Current Approval
$731,200
Forgiveness Amount
$738,025
Forgiveness Date
Mar 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Josephson Manufacturing Company
Address
216 Central Ave
State
Iowa
ZIP Code
50501-3751
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336390)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$15.7M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$599,900
Rent
$100,000
Utilities
$31,300

Lender Information

Servicing Lender
Northwest Bank
Originating Lender
Northwest Bank

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