PPP Loan information for Drees heating & plumbing, inc.

$828,156

Drees heating & plumbing, inc. was initially approved for PPP Loan of amount $828,156, the current approved amount is $828,156. The loan was approved on 04/14/2020 by The Availa Bank reported 70 jobs and $828,156 was used to fund payroll.

Drees heating & plumbing, inc. is Existing or more than 2 years old

DREES HEATING & PLUMBING, INC.

Date Approved

04/14/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

DREES HEATING & PLUMBING, INC.

Borrower Address

609 N. CARROLL ST PO Box 585

Borrower City

CARROLL

Borrower State

IA

Borrower Zip

51401-2332

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

828156.00

Current Approval Amount

828156.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24654

Servicing Lender Name

Availa Bank

Servicing Lender Address

126 W 6th St

Servicing Lender City

CARROLL

Servicing Lender State

IA

Servicing Lender Zip

51401-2341

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARROLL

Project County Name

CARROLL

Project State

IA

Project Zip

51401-2332

CD

IA-04

Jobs Reported

70

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

828156.00

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

24654

Originating Lender

Availa Bank

Originating Lender City

CARROLL

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

833377.98

Forgiveness Date

12/08/2020

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