PPP Loan information for Principal builders, inc.

$162,500

Principal builders, inc. was initially approved for PPP Loan of amount $162,500, the current approved amount is $162,500. The loan was approved on 04/06/2020 by The First Bank Hampton reported 14 jobs and $162,500 was used to fund payroll.

Principal builders, inc. is Existing or more than 2 years old

PPP Loan Search / IA / COULTER / Principal builders, inc.

PRINCIPAL BUILDERS, INC.

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

PRINCIPAL BUILDERS, INC.

Borrower Address

25 Main Street P.O. Box 125

Borrower City

COULTER

Borrower State

IA

Borrower Zip

50431

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162500.00

Current Approval Amount

162500.00

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

50431-0001

CD

IA-04

Jobs Reported

14

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

130000.00

Mortgage Interest Proceed

5000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

22500

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

163497.26

Forgiveness Date

11/27/2020

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