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
- City
- Independence
- 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
Other PPP Loans in Independence, IA
| Business | Approved | |
|---|---|---|
| Geater Machining & Manufactoring, Co. | $4,453,300 | |
| People's Memorial Hospital | $2,500,000 | |
| Pries Enterprises Inc. | $1,570,152 | |
| Pries Aluminum Co. | $1,570,000 | |
| Wapsie Valley Creamery, Inc. | $1,387,470 |
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