PPP Loan information for Corridor network construction

$487,480

Corridor network construction was initially approved for PPP Loan of amount $487,480, the current approved amount is $487,480. The loan was approved on 01/22/2021 by The Kerndt Brothers Savings Bank reported 77 jobs and $487,480 was used to fund payroll.

Corridor network construction is Existing or more than 2 years old

PPP Loan Search / IA / Cedar Rapids / Corridor network construction

CORRIDOR NETWORK CONSTRUCTION

Date Approved

01/22/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

CORRIDOR NETWORK CONSTRUCTION

Borrower Address

3353 Southgate Ct SW

Borrower City

Cedar Rapids

Borrower State

IA

Borrower Zip

52404-5412

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

487480.00

Current Approval Amount

487480.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25169

Servicing Lender Name

Kerndt Brothers Savings Bank

Servicing Lender Address

370 Main St

Servicing Lender City

LANSING

Servicing Lender State

IA

Servicing Lender Zip

52151

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cedar Rapids

Project County Name

LINN

Project State

IA

Project Zip

52404-5412

CD

IA-02

Jobs Reported

77

NAICS Code

237130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

487477.00

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

25169

Originating Lender

Kerndt Brothers Savings Bank

Originating Lender City

LANSING

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

492192.31

Forgiveness Date

01/11/2022

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