Grace Label Co., Inc.

$507,800 PPP Loan in Des Moines, Iowa

Loan Details

Loan Number
6116597006
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$507,800
Current Approval
$507,800
Forgiveness Amount
$510,902
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Grace Label Co., Inc.
Address
6201 Watrous Ave
State
Iowa
ZIP Code
50321-9658
Business Type
Corporation
Industry (NAICS)
Manufacturing (323111)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$42.6M
Rural/Urban
Urban
Congressional District
IA-03

Loan Use Breakdown

Payroll
$380,850
Utilities
$63,475
Mortgage Interest
$63,475

Lender Information

Servicing Lender
First National Bank Ames, Iowa
Originating Lender
First National Bank Ames, Iowa

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