Gerard Electric Inc.

$685,000 PPP Loan in Iowa City, Iowa

Loan Details

Loan Number
7697237909
Date Approved
Jun 17, 2020
Loan Status
Paid in Full
Initial Approval
$685,000
Current Approval
$685,000
Forgiveness Amount
$688,596
Forgiveness Date
Dec 31, 2020
Term
60 months
Draw
First Draw

Business Information

Business Name
Gerard Electric Inc.
Address
1807 Stevens Drive
State
Iowa
ZIP Code
52240-4361
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$13.8M
Rural/Urban
Urban
Congressional District
IA-01

Loan Use Breakdown

Payroll
$685,000

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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