As part of the Paycheck Protection Program SADLER POWER TRAIN INC 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.

SADLER POWER TRAIN INC


Loan Amount	$1,292,000
BusinessName	SADLER POWER TRAIN INC
Address	2150 Sadler Drive
City	CEDAR RAPIDS
State	IA
Zip	52404
NAICSCode	423120
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Unanswered
NonProfit
JobsReported	100
DateApproved	04/07/2020
Lender	Cedar Rapids Bank and Trust Company
CD	IA-01
BusinessName.clean	SADLER POWER TRAIN

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.

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SAEKYU OH