Municipal Pipe Tool Company, LLC

$704,500 PPP Loan in Hudson, Iowa

Loan Details

Loan Number
5321987010
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$704,500
Current Approval
$704,500
Forgiveness Amount
$709,862
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Municipal Pipe Tool Company, LLC
Address
515 5th Street
City
Hudson
State
Iowa
ZIP Code
50643-7773
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (237110)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$14.3M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$704,500

Lender Information

Servicing Lender
Cedar Rapids Bank and Trust Company
Originating Lender
Cedar Rapids Bank and Trust Company

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