PPP Loan information for Peters construction corp

$932,625

Peters construction corp was initially approved for PPP Loan of amount $932,625, the current approved amount is $932,625. The loan was approved on 04/07/2020 by The Lincoln Savings Bank reported 67 jobs and $932,625 was used to fund payroll.

Peters construction corp is Existing or more than 2 years old

PETERS CONSTRUCTION CORP

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

PETERS CONSTRUCTION CORP

Borrower Address

901 BLACK HAWK RD

Borrower City

WATERLOO

Borrower State

IA

Borrower Zip

50701-2414

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

932625.00

Current Approval Amount

932625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25416

Servicing Lender Name

Lincoln Savings Bank

Servicing Lender Address

508 Main Street PO Box E

Servicing Lender City

Reinbeck

Servicing Lender State

IA

Servicing Lender Zip

50669

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERLOO

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50701-2414

CD

IA-02

Jobs Reported

67

NAICS Code

236210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3600.00

Payroll Proceed

869375.00

Mortgage Interest Proceed

0.00

Rent Proceed

19200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40450.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25416

Originating Lender

Lincoln Savings Bank

Originating Lender City

Reinbeck

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

938527.37

Forgiveness Date

12/08/2020

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