Lincolnway Energy LLC

$505,700 PPP Loan in Nevada, Iowa

Loan Details

Loan Number
6549447002
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$505,700
Current Approval
$505,700
Forgiveness Amount
$511,034
Forgiveness Date
May 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lincolnway Energy LLC
Address
59511 Lincoln Hwy
City
Nevada
State
Iowa
ZIP Code
50201-7992
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (325193)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$34.7M
Rural/Urban
Urban
Congressional District
IA-04

Loan Use Breakdown

Payroll
$380,000
Rent
$50,000
Utilities
$75,700

Lender Information

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

Other PPP Loans in Nevada, IA

BusinessApproved
Story County Hospital$2,454,402NewBizBotResearch
Gary W Clem, Inc.$2,402,704NewBizBotResearch
Hertz Farm Management Inc.$1,979,166NewBizBotResearch
Hertz Farm Management, Inc.$1,979,100NewBizBotResearch
Gary W. Clem Inc.$1,900,000NewBizBotResearch

Want to research this company further?

Try NewBizBot free