Equipment & Engineering Corp.

$200,828 PPP Loan in Grimes, Iowa

Loan Details

Loan Number
9827117002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$200,828
Current Approval
$200,828
Forgiveness Amount
$201,970
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Equipment & Engineering Corp.
Address
1821 SE Miehe Dr Ste a
City
Grimes
State
Iowa
ZIP Code
50111-6627
Business Type
Corporation
Industry (NAICS)
Utilities (221310)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
IA-03

Loan Use Breakdown

Payroll
$160,662
Rent
$5,000
Utilities
$10,166
Health Care
$5,000
Mortgage Interest
$10,000
Debt Interest
$10,000

Lender Information

Servicing Lender
Lincoln Savings Bank
Originating Lender
Lincoln Savings Bank

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