Power Engineering and Manufacturing, Ltd

$756,810 PPP Loan in Waterloo, Iowa

Loan Details

Loan Number
9276077202
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$756,810
Current Approval
$756,810
Forgiveness Amount
$762,528
Forgiveness Date
Feb 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Power Engineering and Manufacturing, Ltd
Address
2635 Wcf & D Drive
State
Iowa
ZIP Code
50703
Business Type
Corporation
Industry (NAICS)
Manufacturing (333618)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$14.4M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$756,810

Lender Information

Servicing Lender
Bankiowa
Originating Lender
Bankiowa

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