Mn-Iowa Electric Motors & Equipment INC

$66,738 PPP Loan in Mason City, Iowa

Loan Details

Loan Number
6222408605
Date Approved
Mar 20, 2021
Loan Status
Paid in Full
Initial Approval
$66,738
Current Approval
$66,738
Forgiveness Amount
$67,079
Forgiveness Date
Oct 4, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mn-Iowa Electric Motors & Equipment INC
Address
16455 Lark Ave
State
Iowa
ZIP Code
50401-9419
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$66,735
Utilities
$1

Lender Information

Servicing Lender
Clear Lake Bank & Trust Company
Originating Lender
Clear Lake Bank & Trust Company

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