Brandt Heating & Air Conditioning Co INC

$518,800 PPP Loan in Iowa City, Iowa

Loan Details

Loan Number
6765227000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$518,800
Current Approval
$518,800
Forgiveness Amount
$522,677
Forgiveness Date
Jan 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Brandt Heating & Air Conditioning Co INC
Address
2325 Heinz Road
State
Iowa
ZIP Code
52240-2603
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$11.1M
Rural/Urban
Urban
Congressional District
IA-01

Loan Use Breakdown

Payroll
$389,100
Rent
$32,425
Utilities
$32,425
Mortgage Interest
$32,425
Debt Interest
$32,425

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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