PPP Loan information for Rexco equipment inc

$1,030,300

Rexco equipment inc was initially approved for PPP Loan of amount $1,030,300, the current approved amount is $1,030,300. The loan was approved on 04/05/2020 by The Cedar Rapids Bank and Trust Company reported 59 jobs and $1,030,300 was used to fund payroll.

Rexco equipment inc is Existing or more than 2 years old

PPP Loan Search / IA / CEDAR RAPIDS / Rexco equipment inc

REXCO EQUIPMENT INC

Date Approved

04/05/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

REXCO EQUIPMENT INC

Borrower Address

1925 Blairs Ferry Rd NE

Borrower City

CEDAR RAPIDS

Borrower State

IA

Borrower Zip

52402-5811

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1030300.00

Current Approval Amount

1030300.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR RAPIDS

Project County Name

LINN

Project State

IA

Project Zip

52402-5811

CD

IA-02

Jobs Reported

59

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1030300.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1039744.42

Forgiveness Date

03/18/2021

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