PPP Loan information for Mcdermott concrete of eastern iowa, llc

$146,500

Mcdermott concrete of eastern iowa, llc was initially approved for PPP Loan of amount $146,500, the current approved amount is $146,500. The loan was approved on 04/04/2020 by The Ohnward Bank & Trust reported 14 jobs and $146,500 was used to fund payroll.

Mcdermott concrete of eastern iowa, llc is Existing or more than 2 years old

PPP Loan Search / IA / CASCADE / Mcdermott concrete of eastern iowa, llc

MCDERMOTT CONCRETE OF EASTERN IOWA, LLC

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MCDERMOTT CONCRETE OF EASTERN IOWA, LLC

Borrower Address

1207 1ST AVE E

Borrower City

CASCADE

Borrower State

IA

Borrower Zip

52033-9524

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

146500.00

Current Approval Amount

146500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24584

Servicing Lender Name

Ohnward Bank & Trust

Servicing Lender Address

332 1st Ave W

Servicing Lender City

CASCADE

Servicing Lender State

IA

Servicing Lender Zip

52033-7721

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CASCADE

Project County Name

DUBUQUE

Project State

IA

Project Zip

52033-9524

CD

IA-02

Jobs Reported

14

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

131500.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

24584

Originating Lender

Ohnward Bank & Trust

Originating Lender City

CASCADE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

147587.71

Forgiveness Date

01/07/2021

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