Sadler Power Train Inc.
$1,292,000 PPP Loan in Cedar Rapids, Iowa
Loan Details
- Loan Number
- 7408947000
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,292,000
- Current Approval
- $1,292,000
- Forgiveness Amount
- $1,302,121
- Forgiveness Date
- Jan 28, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Sadler Power Train Inc.
- Address
- 2150 Sadler Drive
- City
- Cedar Rapids
- State
- Iowa
- ZIP Code
- 52404-1292
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423120)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 100
- Estimated Revenue
- $30.6M
- Rural/Urban
- Urban
- Congressional District
- IA-02
Loan Use Breakdown
- Payroll
- $1,292,000
Lender Information
- Servicing Lender
- Cedar Rapids Bank and Trust Company
- Originating Lender
- Cedar Rapids Bank and Trust Company
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