Cedar Valley Steel, INC
$1,100,900 PPP Loan in Cedar Rapids, Iowa
Loan Details
- Loan Number
- 7242897008
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,100,900
- Current Approval
- $1,100,900
- Forgiveness Amount
- $1,108,729
- Forgiveness Date
- Dec 30, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Cedar Valley Steel, INC
- Address
- 280 50th Ave
- City
- Cedar Rapids
- State
- Iowa
- ZIP Code
- 52404-4972
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238120)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 54
- Estimated Revenue
- $12.5M
- Rural/Urban
- Urban
- Congressional District
- IA-02
Loan Use Breakdown
- Payroll
- $980,900
- Rent
- $50,000
- Utilities
- $40,000
- Mortgage Interest
- $20,000
- Debt Interest
- $10,000
Lender Information
- Servicing Lender
- Farmers State Bank
- Originating Lender
- Farmers State Bank
Other PPP Loans in Cedar Rapids, IA
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|---|---|---|
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| Van Meter Inc. | $7,413,400 | AI Deep Dive |
| Physicians' Clinic of Iowa, P.c. | $6,762,737 | AI Deep Dive |
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