Iowa Regional Utilities Association

$767,000 PPP Loan in Newton, Iowa

Loan Details

Loan Number
8838467003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$767,000
Current Approval
$767,000
Forgiveness Amount
$774,292
Forgiveness Date
Apr 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Iowa Regional Utilities Association
Address
1351 Iowa Speedway Drive
City
Newton
State
Iowa
ZIP Code
50208-8254
Business Type
Non-Profit Organization
Industry (NAICS)
Utilities (221310)
Business Age
Existing or more than 2 years old
Jobs Reported
62
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
IA-01

Loan Use Breakdown

Payroll
$767,000

Lender Information

Servicing Lender
First Interstate Bank
Originating Lender
First Interstate Bank

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