Grain Vacs, Inc.

$80,500 PPP Loan in Clear Lake, Iowa

Loan Details

Loan Number
7225677010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$80,500
Current Approval
$80,500
Forgiveness Amount
$81,039
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Grain Vacs, Inc.
Address
1411 N 36th Pl
State
Iowa
ZIP Code
50428-4103
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333111)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$61,500
Rent
$17,000
Utilities
$2,000

Lender Information

Servicing Lender
Clear Lake Bank & Trust Company
Originating Lender
Clear Lake Bank & Trust Company

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