The Powers Manufacturing Company

$710,125 PPP Loan in Waterloo, Iowa

Loan Details

Loan Number
6985047007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$710,125
Current Approval
$710,125
Forgiveness Amount
$714,449
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Powers Manufacturing Company
Address
1340 Sycamore St
State
Iowa
ZIP Code
50703-4855
Business Type
Corporation
Industry (NAICS)
Manufacturing (315990)
Business Age
Existing or more than 2 years old
Jobs Reported
94
Estimated Revenue
$33.2M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$710,125

Lender Information

Servicing Lender
Bankiowa
Originating Lender
Bankiowa

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