Groschopp, INC

$2,001,000 PPP Loan in Sioux Center, Iowa

Loan Details

Loan Number
5545807001
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$2,001,000
Current Approval
$2,001,000
Forgiveness Amount
$2,024,080
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Groschopp, INC
Address
420 15th St NE
State
Iowa
ZIP Code
51250-2115
Business Type
Corporation
Industry (NAICS)
Manufacturing (333318)
Business Age
Existing or more than 2 years old
Jobs Reported
173
Estimated Revenue
$45.3M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$2,001,000

Lender Information

Servicing Lender
American State Bank
Originating Lender
American State Bank

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