PPP Loan information for Durable concete designs

$41,500

Durable concete designs was initially approved for PPP Loan of amount $41,500, the current approved amount is $41,500. The loan was approved on 04/14/2020 by The First State Bank reported 4 jobs and $41,500 was used to fund payroll.

Durable concete designs is Existing or more than 2 years old

DURABLE CONCETE DESIGNS

Date Approved

04/14/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

DURABLE CONCETE DESIGNS

Borrower Address

3061 TUNNEL MILL RD

Borrower City

WEBSTER CITY

Borrower State

IA

Borrower Zip

50595-7339

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41500.00

Current Approval Amount

41500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25569

Servicing Lender Name

First State Bank

Servicing Lender Address

505 Second St

Servicing Lender City

WEBSTER CITY

Servicing Lender State

IA

Servicing Lender Zip

50595-1507

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEBSTER CITY

Project County Name

HAMILTON

Project State

IA

Project Zip

50595-7339

CD

IA-04

Jobs Reported

4

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

41500.00

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

25569

Originating Lender

First State Bank

Originating Lender City

WEBSTER CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41951.38

Forgiveness Date

05/25/2021

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