Iowa Aluminum INC

$485,900 PPP Loan in Albia, Iowa

Loan Details

Loan Number
7055227000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$485,900
Current Approval
$485,900
Forgiveness Amount
$490,044
Forgiveness Date
Feb 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Iowa Aluminum INC
Address
10 27th Ave
City
Albia
State
Iowa
ZIP Code
52531-8595
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (331313)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$11.8M
Rural/Urban
Rural
Congressional District
IA-03

Loan Use Breakdown

Payroll
$485,900

Lender Information

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

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