Evolution Driveline, LLC
$257,500 PPP Loan in Algona, Iowa
Loan Details
- Loan Number
- 5110547007
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $257,500
- Current Approval
- $257,500
- Forgiveness Amount
- $260,318
- Forgiveness Date
- May 13, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Evolution Driveline, LLC
- Address
- 405 Diagonal Street
- City
- Algona
- State
- Iowa
- ZIP Code
- 50511-2001
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Manufacturing (336390)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 33
- Estimated Revenue
- $8.6M
- Rural/Urban
- Rural
- Congressional District
- IA-04
Loan Use Breakdown
- Payroll
- $257,500
Lender Information
- Servicing Lender
- Iowa State Bank
- Originating Lender
- Iowa State Bank
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