Moffitt's Inc.
$460,815 PPP Loan in Boone, Iowa
Loan Details
- Loan Number
- 6666767003
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $460,815
- Current Approval
- $460,815
- Forgiveness Amount
- $464,476
- Forgiveness Date
- Jan 26, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Moffitt's Inc.
- Address
- 1819 SE Marshall St
- City
- Boone
- State
- Iowa
- ZIP Code
- 50036-7199
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423110)
- Franchise
- Ford Motor Company Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 36
- Estimated Revenue
- $11.0M
- Rural/Urban
- Rural
- Congressional District
- IA-04
Loan Use Breakdown
- Payroll
- $320,000
- Rent
- $74,615
- Utilities
- $15,000
- Health Care
- $51,200
Lender Information
- Servicing Lender
- Visionbank of Iowa
- Originating Lender
- Visionbank of Iowa
Other PPP Loans in Boone, IA
| Business | Approved | |
|---|---|---|
| Boone County Hospital | $3,780,684 |  Research |
| Eastern Star Masonic Home, INC | $1,233,062 | Research |
| Eastern Star Masonic Home, INC | $1,229,900 | Research |
| Westhaven Community 'a Ministry of Evangelical Free Church' | $774,442 | Research |
| Kruck Plumbing & Heating Co. Inc. | $646,025 | Research |
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