Barron Motor, INC

$496,600 PPP Loan in Cedar Rapids, Iowa

Loan Details

Loan Number
9469087005
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$496,600
Current Approval
$496,600
Forgiveness Amount
$500,396
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Barron Motor, INC
Address
1850 Mccloud Pl NE
State
Iowa
ZIP Code
52402-3472
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423120)
Business Age
Existing or more than 2 years old
Jobs Reported
66
Estimated Revenue
$20.2M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$496,600

Lender Information

Servicing Lender
Bankers Trust Company
Originating Lender
Bankers Trust Company

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