Warnick, Inc.

$166,700 PPP Loan in Newton, Iowa

Loan Details

Loan Number
8220897001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$166,700
Current Approval
$166,700
Forgiveness Amount
$167,964
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Warnick, Inc.
Address
2570 W 12th St N
City
Newton
State
Iowa
ZIP Code
50208-8006
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-01

Loan Use Breakdown

Payroll
$125,025
Rent
$8,335
Utilities
$8,335
Health Care
$8,335
Mortgage Interest
$8,335
Debt Interest
$8,335

Lender Information

Servicing Lender
Peoples Bank
Originating Lender
Peoples Bank

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