Iowa Fluid Power
$2,000,000 PPP Loan in Cedar Rapids, Iowa
Loan Details
- Loan Number
- 5887968402
- Date Approved
- Feb 9, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $2,000,000
- Current Approval
- $2,000,000
- Forgiveness Amount
- $2,022,500
- Forgiveness Date
- Mar 25, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Iowa Fluid Power
- Address
- 1610 Blairs Ferry Rd NE
- City
- Cedar Rapids
- State
- Iowa
- ZIP Code
- 52402-5806
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (423830)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 144
- Estimated Revenue
- $44.1M
- Rural/Urban
- Urban
- Congressional District
- IA-02
Loan Use Breakdown
- Payroll
- $1,999,995
- Utilities
- $1
Lender Information
- Servicing Lender
- Cedar Rapids Bank and Trust Company
- Originating Lender
- Cedar Rapids Bank and Trust Company
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