Strand's, Inc.

$152,300 PPP Loan in Marshalltown, Iowa

Loan Details

Loan Number
9234517009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$152,300
Current Approval
$152,300
Forgiveness Amount
$153,756
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Strand's, Inc.
Address
11 East Meadow Lane
State
Iowa
ZIP Code
50158
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (444120)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$114,225
Utilities
$19,037
Mortgage Interest
$19,038

Lender Information

Servicing Lender
Pinnacle Bank
Originating Lender
Pinnacle Bank

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