Merschman Seeds, INC
$861,905 PPP Loan in West Point, Iowa
Loan Details
- Loan Number
- 5817487006
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $861,905
- Current Approval
- $861,905
- Forgiveness Amount
- $866,749
- Forgiveness Date
- Feb 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Merschman Seeds, INC
- Address
- 103 Ave D
- City
- West Point
- State
- Iowa
- ZIP Code
- 52656-9446
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (424510)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 52
- Estimated Revenue
- $13.4M
- Rural/Urban
- Rural
- Congressional District
- IA-01
Loan Use Breakdown
- Payroll
- $689,524
- Utilities
- $172,381
Lender Information
- Servicing Lender
- Two Rivers Bank & Trust
- Originating Lender
- Two Rivers Bank and Trust
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