PPP Loan information for Economy roofing & insulating co., inc.

$336,100

Economy roofing & insulating co., inc. was initially approved for PPP Loan of amount $336,100, the current approved amount is $336,100. The loan was approved on 04/04/2020 by The Quad City Bank and Trust Company reported 26 jobs and $336,100 was used to fund payroll.

Economy roofing & insulating co., inc. is Change of Ownership

ECONOMY ROOFING & INSULATING CO., INC.

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

ECONOMY ROOFING & INSULATING CO., INC.

Borrower Address

4121 State Street

Borrower City

BETTENDORF

Borrower State

IA

Borrower Zip

52722-6132

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

336100.00

Current Approval Amount

336100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118885

Servicing Lender Name

Quad City Bank and Trust Company

Servicing Lender Address

2118 Middle Rd

Servicing Lender City

BETTENDORF

Servicing Lender State

IA

Servicing Lender Zip

52722-3209

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Change of Ownership

Project City

BETTENDORF

Project County Name

SCOTT

Project State

IA

Project Zip

52722-6132

CD

IA-01

Jobs Reported

26

NAICS Code

238160

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

336100.00

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

118885

Originating Lender

Quad City Bank and Trust Company

Originating Lender City

BETTENDORF

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

339292.95

Forgiveness Date

03/31/2021

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