SADLER POWER TRAIN INC.

Summary of PPP (Paycheck Protection Program) Loan approved to SADLER POWER TRAIN INC. by Cedar Rapids Bank and Trust Company. The loan was approved on 4/07/2020 in the range of $1-2 million.

Business Information

Name:

SADLER POWER TRAIN INC.

2150 SADLER DRIVE
CEDAR RAPIDS, IA 52404
Business type: Subchapter S Corporation
Merchant Wholesalers, Durable Goods
→ Motor Vehicle Supplies and New Parts Merchant Wholesalers
Non-profit: No
Loan amount: $1-2 million
(50 Jobs retained)
Date approved: April 07, 2020
Lender Cedar Rapids Bank and Trust Company

Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.