PPP Loan information for Dormark construction company

$401,600

Dormark construction company was initially approved for PPP Loan of amount $401,600, the current approved amount is $401,600. The loan was approved on 04/10/2020 by The Iowa State Bank reported 20 jobs and $401,600 was used to fund payroll.

Dormark construction company is Existing or more than 2 years old

PPP Loan Search / IA / GRIMES / Dormark construction company

DORMARK CONSTRUCTION COMPANY

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

DORMARK CONSTRUCTION COMPANY

Borrower Address

3310 BROOKSIDE DR

Borrower City

GRIMES

Borrower State

IA

Borrower Zip

50111-5159

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

401600.00

Current Approval Amount

401600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24904

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

627 E Locust St

Servicing Lender City

DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50309-1913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRIMES

Project County Name

POLK

Project State

IA

Project Zip

50111-5159

CD

IA-03

Jobs Reported

20

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

401600.00

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

Subchapter S Corporation

Originating Lender Location Id

24904

Originating Lender

Iowa State Bank

Originating Lender City

DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

403800.55

Forgiveness Date

11/03/2020

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