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Iowa Steel Masters LLC

$161,000 PPP Loan in Ackley, Iowa

Loan Details

Loan Number
5108057003
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$161,000
Current Approval
$161,000
Forgiveness Amount
$162,243
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Iowa Steel Masters LLC
Address
1792 30th Street
City
Ackley
State
Iowa
ZIP Code
50601-8565
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (331221)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$120,750
Utilities
$20,125
Mortgage Interest
$20,125

Lender Information

Servicing Lender
Gnb Bank
Originating Lender
Gnb Bank

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