Baldor Industrial Solutions, Inc.

$330,000 PPP Loan in Des Moines, Iowa

Loan Details

Loan Number
8105307701
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$330,000
Current Approval
$330,000
Forgiveness Amount
$331,824
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Baldor Industrial Solutions, Inc.
Address
6243 Industry Dr NE
State
Iowa
ZIP Code
50313
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (335312)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$7.1M
Rural/Urban
Urban
Congressional District
IA-03

Loan Use Breakdown

Payroll
$330,000

Lender Information

Servicing Lender
U.s. Bank, National Association
Originating Lender
U.s. Bank, National Association

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