PPP Loan information for Abode construction inc

$308,800

Abode construction inc was initially approved for PPP Loan of amount $308,800, the current approved amount is $308,800. The loan was approved on 04/07/2020 by The Farmers State Bank reported 30 jobs and $308,800 was used to fund payroll.

Abode construction inc is Change of Ownership

ABODE CONSTRUCTION INC

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

ABODE CONSTRUCTION INC

Borrower Address

3405 7TH AVE STE 102

Borrower City

MARION

Borrower State

IA

Borrower Zip

52302-3735

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

308800.00

Current Approval Amount

308800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Change of Ownership

Project City

MARION

Project County Name

LINN

Project State

IA

Project Zip

52302-3735

CD

IA-02

Jobs Reported

30

NAICS Code

236117

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

30880.00

Payroll Proceed

247040.00

Mortgage Interest Proceed

0.00

Rent Proceed

30880.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

311321.87

Forgiveness Date

02/09/2021

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