PPP Loan information for First construction company

$15,700

First construction company was initially approved for PPP Loan of amount $15,700, the current approved amount is $15,700. The loan was approved on 04/04/2020 by The Farmers & Merchants Savings Bank reported 1 jobs and $15,700 was used to fund payroll.

First construction company is Existing or more than 2 years old

FIRST CONSTRUCTION COMPANY

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

FIRST CONSTRUCTION COMPANY

Borrower Address

3525 CUMMINGS FORD RD

Borrower City

CENTER POINT

Borrower State

IA

Borrower Zip

52213-4703

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15700.00

Current Approval Amount

15700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CENTER POINT

Project County Name

LINN

Project State

IA

Project Zip

52213-4703

CD

IA-02

Jobs Reported

1

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

15700.00

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

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

15802.05

Forgiveness Date

12/07/2020

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