7g Distributing, LLC

$2,435,600 PPP Loan in Cedar Rapids, Iowa

Loan Details

Loan Number
6182237001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$2,435,600
Current Approval
$2,435,600
Forgiveness Amount
$2,464,489
Forgiveness Date
Jun 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
7g Distributing, LLC
Address
9925 6th St SW
State
Iowa
ZIP Code
52404-9074
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (424820)
Business Age
Existing or more than 2 years old
Jobs Reported
205
Estimated Revenue
$52.8M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$2,435,600

Lender Information

Servicing Lender
Farmers & Merchants Savings Bank
Originating Lender
Farmers & Merchants Savings Bank

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