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Cinco De Mayo, Inc.

$121,300 PPP Loan in Algona, Iowa

Loan Details

Loan Number
7920697007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$121,300
Current Approval
$121,300
Forgiveness Amount
$122,318
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cinco De Mayo, Inc.
Address
224 Norwood Dr
City
Algona
State
Iowa
ZIP Code
50511-1134
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$105,531
Rent
$9,704
Utilities
$6,065

Lender Information

Servicing Lender
Northwest Bank
Originating Lender
Northwest Bank

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