Iowa Beverage Systems, Inc.
$3,404,000 PPP Loan in Des Moines, Iowa
Loan Details
- Loan Number
- 7639817004
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $3,404,000
- Current Approval
- $3,404,000
- Forgiveness Amount
- $3,443,997
- Forgiveness Date
- Jun 15, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Iowa Beverage Systems, Inc.
- Address
- 2115 NE 58th Ave
- City
- Des Moines
- State
- Iowa
- ZIP Code
- 50313-1633
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (424820)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 315
- Estimated Revenue
- $81.1M
- Rural/Urban
- Urban
- Congressional District
- IA-03
Loan Use Breakdown
- Payroll
- $2,553,000
- Rent
- $851,000
Lender Information
- Servicing Lender
- Bank Iowa
- Originating Lender
- Bank Iowa
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