East Iowa Machine Company, LLC
$2,195,900 PPP Loan in Farley, Iowa
Loan Details
- Loan Number
- 9580057005
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,195,900
- Current Approval
- $2,195,900
- Forgiveness Amount
- $2,221,702
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- East Iowa Machine Company, LLC
- Address
- 800 Drill Point Drive
- City
- Farley
- State
- Iowa
- ZIP Code
- 52046-9704
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 154
- Estimated Revenue
- $37.6M
- Rural/Urban
- Urban
- Congressional District
- IA-02
Loan Use Breakdown
- Payroll
- $1,646,925
- Rent
- $137,244
- Utilities
- $137,244
- Mortgage Interest
- $137,244
- Refinance EIDL
- $137,244
Lender Information
- Servicing Lender
- Midwestone Bank
- Originating Lender
- Midwestone Bank
Other PPP Loans in Farley, IA
| Business | Approved | |
|---|---|---|
| Simon's Trucking Inc. | $1,810,700 | |
| Behnke Enterprises, Inc. | $1,163,700 | |
| Lund Manufacturing Co., Inc. | $506,800 | |
| Kluesner Construction INC | $477,400 | |
| Top Grade Excavating, INC | $421,900 |
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