Geater Machining & Manufacturing Co.

$2,000,000 PPP Loan in Independence, Iowa

Loan Details

Loan Number
7559488302
Date Approved
Jan 28, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,008,658
Forgiveness Date
Jul 12, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Geater Machining & Manufacturing Co.
Address
901 12th St NE
State
Iowa
ZIP Code
50644-1016
Business Type
Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
232
Estimated Revenue
$56.7M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$1,999,997
Utilities
$1

Lender Information

Servicing Lender
Northeast Security Bank
Originating Lender
Northeast Security Bank

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