PPP Loan information for Bates construction, inc.

$88,500

Bates construction, inc. was initially approved for PPP Loan of amount $88,500, the current approved amount is $88,500. The loan was approved on 04/08/2020 by The Farmers Trust and Savings Bank reported 10 jobs and $88,500 was used to fund payroll.

Bates construction, inc. is Existing or more than 2 years old

BATES CONSTRUCTION, INC.

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

BATES CONSTRUCTION, INC.

Borrower Address

3514 HIGHWAY 71

Borrower City

SPIRIT LAKE

Borrower State

IA

Borrower Zip

51360-7644

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88500.00

Current Approval Amount

88500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25490

Servicing Lender Name

Farmers Trust and Savings Bank

Servicing Lender Address

125 W 4th St

Servicing Lender City

Spencer

Servicing Lender State

IA

Servicing Lender Zip

51301-3815

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPIRIT LAKE

Project County Name

DICKINSON

Project State

IA

Project Zip

51360-7644

CD

IA-04

Jobs Reported

10

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

88500.00

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

Corporation

Originating Lender Location Id

25490

Originating Lender

Farmers Trust and Savings Bank

Originating Lender City

Spencer

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

89220.29

Forgiveness Date

02/03/2021

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