Power Engineering and Manufacturing Ltd

$829,479 PPP Loan in Waterloo, Iowa

Loan Details

Loan Number
7503968403
Date Approved
Feb 12, 2021
Loan Status
Paid in Full
Initial Approval
$829,479
Current Approval
$829,479
Forgiveness Amount
$834,092
Forgiveness Date
Sep 9, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Power Engineering and Manufacturing Ltd
Address
2635 Wcf and N Dr Waterloo
State
Iowa
ZIP Code
50703-9685
Business Type
Corporation
Industry (NAICS)
Manufacturing (333612)
Business Age
Existing or more than 2 years old
Jobs Reported
59
Estimated Revenue
$15.4M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$829,478
Utilities
$1

Lender Information

Servicing Lender
Lincoln Savings Bank
Originating Lender
Lincoln Savings Bank

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