Merschman Fertilizer, LLC

$341,652 PPP Loan in West Point, Iowa

Loan Details

Loan Number
5791287006
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$341,652
Current Approval
$341,652
Forgiveness Amount
$343,524
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Merschman Fertilizer, LLC
Address
103 Ave D
State
Iowa
ZIP Code
52656-9446
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (325314)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$19.8M
Rural/Urban
Rural
Congressional District
IA-01

Loan Use Breakdown

Payroll
$273,321
Utilities
$68,330

Lender Information

Servicing Lender
Two Rivers Bank & Trust
Originating Lender
Two Rivers Bank and Trust

Other PPP Loans in West Point, IA

BusinessApproved
Merschman Seeds, INC$861,905NewBizBotAI Deep Dive
Holy Trinity Catholic Schools Inc.$502,300NewBizBotAI Deep Dive
Jones Contracting Corp$377,600NewBizBotAI Deep Dive
Jones Contracting Corp$337,400NewBizBotAI Deep Dive
Ann M Menke, Cpa, PC$280,700NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free