Knorr Electric Motor & Well Service INC
$34,800 PPP Loan in Clear Lake, Iowa
Loan Details
- Loan Number
- 5346787201
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $34,800
- Current Approval
- $34,800
- Forgiveness Amount
- $34,975
- Forgiveness Date
- Nov 5, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Knorr Electric Motor & Well Service INC
- Address
- 310 S 20th St
- City
- Clear Lake
- State
- Iowa
- ZIP Code
- 50428-2278
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 6
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- IA-02
Loan Use Breakdown
- Payroll
- $30,500
- Rent
- $1,800
- Utilities
- $1,500
- Debt Interest
- $1,000
Lender Information
- Servicing Lender
- Clear Lake Bank & Trust Company
- Originating Lender
- Clear Lake Bank & Trust Company
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