Agri-Industrial Plastics Co
$2,197,700 PPP Loan in Fairfield, Iowa
Loan Details
- Loan Number
- 9962087009
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,197,700
- Current Approval
- $2,197,700
- Forgiveness Amount
- $2,222,241
- Forgiveness Date
- May 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Agri-Industrial Plastics Co
- Address
- 301 22nd Street
- City
- Fairfield
- State
- Iowa
- ZIP Code
- 52556-2653
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (326199)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 187
- Estimated Revenue
- $185.5M
- Rural/Urban
- Rural
- Congressional District
- IA-01
Loan Use Breakdown
- Payroll
- $1,800,000
- Utilities
- $100,000
- Health Care
- $200,000
- Debt Interest
- $97,700
Lender Information
- Servicing Lender
- Iowa State Bank and Trust Company of Fairfield, Iowa
- Originating Lender
- Iowa State Bank and Trust Company of Fairfield, Iowa
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