Novelty Machine & Supply Co.

$188,400 PPP Loan in Sioux City, Iowa

Loan Details

Loan Number
7529387005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$188,400
Current Approval
$188,400
Forgiveness Amount
$190,196
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Novelty Machine & Supply Co.
Address
1635 Zenith Dr
State
Iowa
ZIP Code
51103-5206
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IA-04

Loan Use Breakdown

Payroll
$150,722
Utilities
$16,978
Health Care
$20,700

Lender Information

Servicing Lender
The Security National Bank of Sioux City, Iowa
Originating Lender
The Security National Bank of Sioux City, Iowa

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