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I-80 Power, Inc,

$354,167 PPP Loan in Madrid, Iowa

Loan Details

Loan Number
6639787003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$354,167
Current Approval
$354,167
Forgiveness Amount
$357,600
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
I-80 Power, Inc,
Address
2057 340th St. 2057
City
Madrid
State
Iowa
ZIP Code
50156-7434
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
$5.6M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$339,667
Utilities
$12,500
Mortgage Interest
$2,000

Lender Information

Servicing Lender
Luana Savings Bank
Originating Lender
Luana Savings Bank

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