West Music Company, Inc.

$1,940,400 PPP Loan in Coralville, Iowa

Loan Details

Loan Number
6922597000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,940,400
Current Approval
$1,940,400
Forgiveness Amount
$1,959,265
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
West Music Company, Inc.
Address
1212 5th Street
State
Iowa
ZIP Code
52241-2908
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (451140)
Business Age
Existing or more than 2 years old
Jobs Reported
170
Estimated Revenue
$40.0M
Rural/Urban
Urban
Congressional District
IA-01

Loan Use Breakdown

Payroll
$1,455,300
Rent
$121,275
Utilities
$121,275
Health Care
$121,275
Mortgage Interest
$121,275

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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