PPP Loan information for Cdb utility contractors, inc.

$566,800

Cdb utility contractors, inc. was initially approved for PPP Loan of amount $566,800, the current approved amount is $566,800. The loan was approved on 04/03/2020 by The IH Mississippi Valley Credit Union reported 41 jobs and $566,800 was used to fund payroll.

Cdb utility contractors, inc. is Existing or more than 2 years old

CDB UTILITY CONTRACTORS, INC.

Date Approved

04/03/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

CDB UTILITY CONTRACTORS, INC.

Borrower Address

11029 136th Street

Borrower City

DAVENPORT

Borrower State

IA

Borrower Zip

52804-8850

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

566800.00

Current Approval Amount

566800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

95611

Servicing Lender Name

IH Mississippi Valley Credit Union

Servicing Lender Address

2500 River Drive

Servicing Lender City

MOLINE

Servicing Lender State

IL

Servicing Lender Zip

61265-3663

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DAVENPORT

Project County Name

SCOTT

Project State

IA

Project Zip

52804-8850

CD

IA-01

Jobs Reported

41

NAICS Code

238990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

485400.00

Mortgage Interest Proceed

25600.00

Rent Proceed

14000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

38800.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

95611

Originating Lender

IH Mississippi Valley Credit Union

Originating Lender City

MOLINE

Originating Lender State

IL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

570930.65

Forgiveness Date

01/07/2021

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