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

BusinessApproved
Simon's Trucking Inc.$1,810,700NewBizBotResearch
Behnke Enterprises, Inc.$1,163,700NewBizBotResearch
Lund Manufacturing Co., Inc.$506,800NewBizBotResearch
Kluesner Construction INC$477,400NewBizBotResearch
Top Grade Excavating, INC$421,900NewBizBotResearch

Want to research this company further?

Try NewBizBot free