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