Folience Inc.
$2,000,000 PPP Loan in Cedar Rapids, Iowa
Loan Details
- Loan Number
- 9824468809
- Date Approved
- Apr 24, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $2,000,000
- Current Approval
- $2,000,000
- Forgiveness Amount
- $2,014,500
- Forgiveness Date
- Jan 11, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Folience Inc.
- Address
- 230 2nd St SE Ste 100
- City
- Cedar Rapids
- State
- Iowa
- ZIP Code
- 52401-1426
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Information (511110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 212
- Estimated Revenue
- $35.6M
- Rural/Urban
- Urban
- Congressional District
- IA-02
Loan Use Breakdown
- Payroll
- $1,999,998
- Utilities
- $1
Lender Information
- Servicing Lender
- Cedar Rapids Bank and Trust Company
- Originating Lender
- Cedar Rapids Bank and Trust Company
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|---|---|---|
| Modern Holdings, Inc. | $7,955,000 |  Research |
| Van Meter Inc. | $7,413,400 | Research |
| Physicians' Clinic of Iowa, P.c. | $6,762,737 | Research |
| Shive-Hattery Group, Inc. | $6,058,800 | Research |
| Thomas L. Cardella & Associates, INC | $5,908,300 | Research |
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