PPP Loan information for Rada mfg co.

$994,100

Rada mfg co. was initially approved for PPP Loan of amount $994,100, the current approved amount is $994,100. The loan was approved on 04/04/2020 by The Cedar Rapids Bank and Trust Company reported 92 jobs and $994,100 was used to fund payroll.

Rada mfg co. is Existing or more than 2 years old

PPP Loan Search / IA / WAVERLY / Rada mfg co.

RADA MFG CO.

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

RADA MFG CO.

Borrower Address

905 Industrial St

Borrower City

WAVERLY

Borrower State

IA

Borrower Zip

50677-1851

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

994100.00

Current Approval Amount

994100.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAVERLY

Project County Name

BREMER

Project State

IA

Project Zip

50677-1851

CD

IA-02

Jobs Reported

92

NAICS Code

332215

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

994100.00

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

Subchapter S Corporation

Originating Lender Location Id

238179

Originating Lender

Cedar Rapids Bank and Trust Company

Originating Lender City

Cedar Rapids

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1000119.83

Forgiveness Date

11/25/2020

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