PPP Loan information for Graves construction co. inc.

$408,750

Graves construction co. inc. was initially approved for PPP Loan of amount $408,750, the current approved amount is $408,750. The loan was approved on 01/22/2021 by The Iowa State Bank reported 28 jobs and $408,750 was used to fund payroll.

Graves construction co. inc. is Existing or more than 2 years old

GRAVES CONSTRUCTION CO. INC.

Date Approved

01/22/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

GRAVES CONSTRUCTION CO. INC.

Borrower Address

1810 340th St

Borrower City

Spencer

Borrower State

IA

Borrower Zip

51301-7447

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

408750.00

Current Approval Amount

408750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25094

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

1101 Main St

Servicing Lender City

HULL

Servicing Lender State

IA

Servicing Lender Zip

51239

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Spencer

Project County Name

CLAY

Project State

IA

Project Zip

51301-7447

CD

IA-04

Jobs Reported

28

NAICS Code

237310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

408748.00

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

25094

Originating Lender

Iowa State Bank

Originating Lender City

HULL

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

411191.15

Forgiveness Date

08/31/2021

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