PPP Loan information for Iowa rotocast plastics inc.

$2,000,000

Iowa rotocast plastics inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 04/27/2021 by The Decorah Bank & Trust Company reported 147 jobs and $2,000,000 was used to fund payroll.

Iowa rotocast plastics inc. is Existing or more than 2 years old

IOWA ROTOCAST PLASTICS INC.

Date Approved

04/27/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

IOWA ROTOCAST PLASTICS INC.

Borrower Address

1712 Moellers Dr

Borrower City

Decorah

Borrower State

IA

Borrower Zip

52101-7304

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24832

Servicing Lender Name

Decorah Bank & Trust Company

Servicing Lender Address

202 E Water St

Servicing Lender City

DECORAH

Servicing Lender State

IA

Servicing Lender Zip

52101-1804

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Decorah

Project County Name

WINNESHIEK

Project State

IA

Project Zip

52101-7304

CD

IA-02

Jobs Reported

147

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24832

Originating Lender

Decorah Bank & Trust Company

Originating Lender City

DECORAH

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2008109.59

Forgiveness Date

09/27/2021

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