The Arc of East Central Iowa

$726,800 PPP Loan in Cedar Rapids, Iowa

Loan Details

Loan Number
6972897005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$726,800
Current Approval
$726,800
Forgiveness Amount
$734,270
Forgiveness Date
Apr 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Arc of East Central Iowa
Address
680 2nd St SE Suite 200
State
Iowa
ZIP Code
52401-2006
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (624120)
Business Age
Existing or more than 2 years old
Jobs Reported
280
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$726,800

Lender Information

Servicing Lender
Cedar Rapids Bank and Trust Company
Originating Lender
Cedar Rapids Bank and Trust Company

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