PPP Loan information for Koester construction company inc.

$575,000

Koester construction company inc. was initially approved for PPP Loan of amount $575,000, the current approved amount is $575,000. The loan was approved on 03/12/2021 by The Peoples Bank reported 38 jobs and $575,000 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

03/12/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

KOESTER CONSTRUCTION COMPANY INC.

Borrower Address

3050 SE Enterprise Dr

Borrower City

Grimes

Borrower State

IA

Borrower Zip

50111-5055

Loan Status Date

10/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

575000.00

Current Approval Amount

575000.00

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

50111-5055

CD

IA-03

Jobs Reported

38

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

574998.00

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

25049

Originating Lender

Peoples Bank

Originating Lender City

CLIVE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

577747.22

Forgiveness Date

09/08/2021

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