PPP Loan information for Concrete products of new london inc

$380,300

Concrete products of new london inc was initially approved for PPP Loan of amount $380,300, the current approved amount is $380,300. The loan was approved on 04/15/2020 by The MidWestOne Bank reported 34 jobs and $380,300 was used to fund payroll.

Concrete products of new london inc is Existing or more than 2 years old

PPP Loan Search / MN / MONTICELLO / Concrete products of new london inc

CONCRETE PRODUCTS OF NEW LONDON INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CONCRETE PRODUCTS OF NEW LONDON INC

Borrower Address

1401 Fallon Ave

Borrower City

MONTICELLO

Borrower State

MN

Borrower Zip

55362

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

380300.00

Current Approval Amount

380300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTICELLO

Project County Name

WRIGHT

Project State

MN

Project Zip

55362-0001

CD

MN-06

Jobs Reported

34

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

23768.75

Payroll Proceed

285225.00

Mortgage Interest Proceed

23768.75

Rent Proceed

23768.75

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

23768.75

Business Type

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

383395.22

Forgiveness Date

02/10/2021

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