Mn-Iowa Electric Motors & Equipment
$65,500 PPP Loan in Mason City, Iowa
Loan Details
- Loan Number
- 8093557000
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $65,500
- Current Approval
- $65,500
- Forgiveness Amount
- $65,951
- Forgiveness Date
- Dec 22, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mn-Iowa Electric Motors & Equipment
- Address
- 16455 Lark Ave
- City
- Mason City
- State
- Iowa
- ZIP Code
- 50401-9419
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423610)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 8
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- IA-02
Loan Use Breakdown
- Payroll
- $56,100
- Rent
- $5,000
- Utilities
- $4,400
Lender Information
- Servicing Lender
- Clear Lake Bank & Trust Company
- Originating Lender
- Clear Lake Bank & Trust Company
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| Mason City Clinic, PC | $3,152,600 |  Research |
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