Mertz Engineering Co
$487,820 PPP Loan in Webster City, Iowa
Loan Details
- Loan Number
- 8535777005
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $487,820
- Current Approval
- $487,820
- Forgiveness Amount
- $490,480
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mertz Engineering Co
- Address
- 1811 W 2nd St
- City
- Webster City
- State
- Iowa
- ZIP Code
- 50595-1109
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332721)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 48
- Estimated Revenue
- $11.7M
- Rural/Urban
- Rural
- Congressional District
- IA-04
Loan Use Breakdown
- Payroll
- $449,509
- Health Care
- $33,037
- Debt Interest
- $5,274
Lender Information
- Servicing Lender
- West Iowa Bank
- Originating Lender
- West Iowa Bank
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|---|---|---|
| Hamilton County Public Hospital | $3,172,700 |  Research |
| Vantec, INC | $2,053,300 | Research |
| Webster City Custom Meats, Inc. | $1,516,500 | Research |
| Kastim Corp | $1,295,100 | Research |
| Tasler Pallet & Lumber, Inc. | $876,793 | Research |
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