Eastern Iowa Propane Ltd

$170,800 PPP Loan in Clinton, Iowa

Loan Details

Loan Number
6632577105
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$170,800
Current Approval
$170,800
Forgiveness Amount
$172,081
Forgiveness Date
Jan 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Eastern Iowa Propane Ltd
Address
4540 Lincoln Way
State
Iowa
ZIP Code
52732-9666
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424710)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-01

Loan Use Breakdown

Payroll
$140,000
Rent
$5,000
Utilities
$2,000
Health Care
$23,800

Lender Information

Servicing Lender
Citizens First Bank
Originating Lender
Citizens First Bank

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