PPP Loan information for Pries aluminum co.

$1,570,000

Pries aluminum co. was initially approved for PPP Loan of amount $1,570,000, the current approved amount is $1,570,000. The loan was approved on 04/04/2020 by The Cedar Rapids Bank and Trust Company reported 172 jobs and $1,570,000 was used to fund payroll.

Pries aluminum co. is Existing or more than 2 years old

PPP Loan Search / IA / INDEPENDENCE / Pries aluminum co.

PRIES ALUMINUM CO.

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

PRIES ALUMINUM CO.

Borrower Address

701 17TH ST

Borrower City

INDEPENDENCE

Borrower State

IA

Borrower Zip

50644-9868

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1570000.00

Current Approval Amount

1570000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

238179

Servicing Lender Name

Cedar Rapids Bank and Trust Company

Servicing Lender Address

500 1st Ave NE

Servicing Lender City

Cedar Rapids

Servicing Lender State

IA

Servicing Lender Zip

52401

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INDEPENDENCE

Project County Name

BUCHANAN

Project State

IA

Project Zip

50644-9868

CD

IA-02

Jobs Reported

172

NAICS Code

331313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1570000.00

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

238179

Originating Lender

Cedar Rapids Bank and Trust Company

Originating Lender City

Cedar Rapids

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1587444.44

Forgiveness Date

05/26/2021

;