PPP Loan information for Corell contractor inc

$1,620,900

Corell contractor inc was initially approved for PPP Loan of amount $1,620,900, the current approved amount is $1,620,900. The loan was approved on 04/03/2020 by The Northwest Bank reported 86 jobs and $1,620,900 was used to fund payroll.

Corell contractor inc is Existing or more than 2 years old

CORELL CONTRACTOR INC

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

CORELL CONTRACTOR INC

Borrower Address

1300 Lincoln St

Borrower City

WEST DES MOINES

Borrower State

IA

Borrower Zip

50265-4457

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1620900.00

Current Approval Amount

1620900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST DES MOINES

Project County Name

POLK

Project State

IA

Project Zip

50265-4457

CD

IA-03

Jobs Reported

86

NAICS Code

237990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16500.00

Payroll Proceed

1536881.00

Mortgage Interest Proceed

0.00

Rent Proceed

49452.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2500.00

Debt Interest Proceed

15567

Business Type

Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1536995.35

Forgiveness Date

11/05/2020

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