PPP Loan information for Herbst construction, inc.

$312,600

Herbst construction, inc. was initially approved for PPP Loan of amount $312,600, the current approved amount is $312,600. The loan was approved on 04/03/2020 by The American Bank, National Association reported 27 jobs and $312,600 was used to fund payroll.

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

PPP Loan Search / IA / LE MARS / Herbst construction, inc.

HERBST CONSTRUCTION, INC.

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

HERBST CONSTRUCTION, INC.

Borrower Address

16022 Highway 75

Borrower City

LE MARS

Borrower State

IA

Borrower Zip

51031-0728

Loan Status Date

04/02/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

312600.00

Current Approval Amount

312600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25420

Servicing Lender Name

American Bank, National Association

Servicing Lender Address

234 5th Ave SW

Servicing Lender City

LE MARS

Servicing Lender State

IA

Servicing Lender Zip

51031-1917

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LE MARS

Project County Name

PLYMOUTH

Project State

IA

Project Zip

51031-0728

CD

IA-04

Jobs Reported

27

NAICS Code

237310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

307600.00

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

25420

Originating Lender

American Bank, National Association

Originating Lender City

LE MARS

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

314364.26

Forgiveness Date

11/03/2020

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