PPP Loan information for Principal builders inc

$255,000

Principal builders inc was initially approved for PPP Loan of amount $255,000, the current approved amount is $255,000. The loan was approved on 01/22/2021 by The First Bank Hampton reported 26 jobs and $255,000 was used to fund payroll.

Principal builders inc is Existing or more than 2 years old

PRINCIPAL BUILDERS INC

Date Approved

01/22/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

PRINCIPAL BUILDERS INC

Borrower Address

25 main St

Borrower City

Coulter

Borrower State

IA

Borrower Zip

50431

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

255000.00

Current Approval Amount

255000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25065

Servicing Lender Name

First Bank Hampton

Servicing Lender Address

211 First Ave NW

Servicing Lender City

HAMPTON

Servicing Lender State

IA

Servicing Lender Zip

50441-1706

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Coulter

Project County Name

FRANKLIN

Project State

IA

Project Zip

50431

CD

IA-04

Jobs Reported

26

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

254997.00

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

Subchapter S Corporation

Originating Lender Location Id

25065

Originating Lender

First Bank Hampton

Originating Lender City

HAMPTON

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

256893.29

Forgiveness Date

10/26/2021

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