Nec, Inc.

$897,600 PPP Loan in Cedar Rapids, Iowa

Loan Details

Loan Number
6581957002
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$897,600
Current Approval
$897,600
Forgiveness Amount
$904,039
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Nec, Inc.
Address
618 14th Avenue SW
State
Iowa
ZIP Code
52404-2626
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$17.8M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$897,600

Lender Information

Servicing Lender
Ohnward Bank & Trust
Originating Lender
Ohnward Bank & Trust

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