Hupp Electric Motors, Inc.
$3,246,500 PPP Loan in Marion, Iowa
Loan Details
- Loan Number
- 6994797000
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $3,246,500
- Current Approval
- $3,246,500
- Forgiveness Amount
- $3,285,278
- Forgiveness Date
- Jun 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Hupp Electric Motors, Inc.
- Address
- 500 57th St
- City
- Marion
- State
- Iowa
- ZIP Code
- 52302-3801
- Business Type
- Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 235
- Estimated Revenue
- $50.5M
- Rural/Urban
- Urban
- Congressional District
- IA-02
Loan Use Breakdown
- Payroll
- $3,246,500
Lender Information
- Servicing Lender
- Cedar Rapids Bank and Trust Company
- Originating Lender
- Cedar Rapids Bank and Trust Company
Other PPP Loans in Marion, IA
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| Esco Electric Company | $6,766,615 |  Research |
| Limolink, Incorporated | $2,204,200 | Research |
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| Limolink Incorporated | $2,000,000 | Research |
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