As part of the Paycheck Protection Program RYDELL MOTOR COMPANY was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

RYDELL MOTOR COMPANY


Loan Amount	$1,553,900
BusinessName	RYDELL MOTOR COMPANY
Address	1325 E San Marnan Drive
City	WATERLOO
State	IA
Zip	50702
NAICSCode	441110
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	138
DateApproved	04/11/2020
Lender	Alerus Financial, National Association
CD	IA-01
BusinessName.clean	RYDELL MOTOR COMPANY

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

RYDER CONSTRUCTION
RYDER HOMES OF CALIFORNIA
RYDER MEMORIAL HOSPITAL
RYDER SCOTT COMPANY
RYE ELECTRIC