Octadyne Systems, Inc.

$50,000 PPP Loan in Ames, Iowa

Loan Details

Loan Number
7017207004
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$50,000
Current Approval
$50,000
Forgiveness Amount
$50,300
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Octadyne Systems, Inc.
Address
310 Main St, Suite 201
City
Ames
State
Iowa
ZIP Code
50010-6148
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541511)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IA-04

Loan Use Breakdown

Payroll
$37,500
Rent
$10,500
Utilities
$2,000

Lender Information

Servicing Lender
First National Bank Ames, Iowa
Originating Lender
First National Bank Ames, Iowa

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