PPP Loan information for Koester construction company inc

$500,000

Koester construction company inc was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 04/07/2020 by The Peoples Bank reported 41 jobs and $500,000 was used to fund payroll.

Koester construction company inc is Existing or more than 2 years old

PPP Loan Search / IA / GRIMES / Koester construction company inc

KOESTER CONSTRUCTION COMPANY INC

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

KOESTER CONSTRUCTION COMPANY INC

Borrower Address

3050 SE Enterprise Dr

Borrower City

GRIMES

Borrower State

IA

Borrower Zip

50111-4993

Loan Status Date

08/31/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25049

Servicing Lender Name

Peoples Bank

Servicing Lender Address

12701 University Ave

Servicing Lender City

CLIVE

Servicing Lender State

IA

Servicing Lender Zip

50325-8246

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRIMES

Project County Name

POLK

Project State

IA

Project Zip

50111-4993

CD

IA-03

Jobs Reported

41

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25000.00

Payroll Proceed

375000.00

Mortgage Interest Proceed

25000.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25000.00

Debt Interest Proceed

25000

Business Type

Corporation

Originating Lender Location Id

25049

Originating Lender

Peoples Bank

Originating Lender City

CLIVE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

502791.67

Forgiveness Date

11/03/2020

;