Acro Mfg. Corp.

$577,051 PPP Loan in Cedar Rapids, Iowa

Loan Details

Loan Number
9480658301
Date Approved
Jan 30, 2021
Loan Status
Paid in Full
Initial Approval
$577,051
Current Approval
$577,051
Forgiveness Amount
$580,721
Forgiveness Date
Sep 22, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Acro Mfg. Corp.
Address
5429 N Towne Pl NE
State
Iowa
ZIP Code
52402-1929
Business Type
Corporation
Industry (NAICS)
Manufacturing (332811)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$8.8M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$577,049
Utilities
$1

Lender Information

Servicing Lender
Farmers & Merchants Savings Bank
Originating Lender
Farmers & Merchants Savings Bank

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