PPP Loan information for Frase construction, inc.

$61,500

Frase construction, inc. was initially approved for PPP Loan of amount $61,500, the current approved amount is $61,500. The loan was approved on 04/09/2020 by The South Ottumwa Savings Bank reported 6 jobs and $61,500 was used to fund payroll.

Frase construction, inc. is Existing or more than 2 years old

PPP Loan Search / IA / OTTUMWA / Frase construction, inc.

FRASE CONSTRUCTION, INC.

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FRASE CONSTRUCTION, INC.

Borrower Address

205 S Iowa Street

Borrower City

OTTUMWA

Borrower State

IA

Borrower Zip

52501-3312

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61500.00

Current Approval Amount

61500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25361

Servicing Lender Name

South Ottumwa Savings Bank

Servicing Lender Address

320 Church St

Servicing Lender City

OTTUMWA

Servicing Lender State

IA

Servicing Lender Zip

52501-4211

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OTTUMWA

Project County Name

WAPELLO

Project State

IA

Project Zip

52501-3312

CD

IA-03

Jobs Reported

6

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

48644.00

Mortgage Interest Proceed

0.00

Rent Proceed

8256.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2600.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25361

Originating Lender

South Ottumwa Savings Bank

Originating Lender City

OTTUMWA

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

61957.83

Forgiveness Date

01/07/2021

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