PPP Loan information for Rabel construction

$50,000

Rabel construction was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/12/2020 by The Community State Bank reported 9 jobs and $50,000 was used to fund payroll.

Rabel construction is Existing or more than 2 years old

PPP Loan Search / IA / SPENCER / Rabel construction

RABEL CONSTRUCTION

Date Approved

04/12/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RABEL CONSTRUCTION

Borrower Address

304 HIGHWAY AVE NW

Borrower City

SPENCER

Borrower State

IA

Borrower Zip

51301-7701

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24536

Servicing Lender Name

Community State Bank

Servicing Lender Address

1812 Hwy Blvd

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-2211

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPENCER

Project County Name

CLAY

Project State

IA

Project Zip

51301-7701

CD

IA-04

Jobs Reported

9

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

44200.00

Mortgage Interest Proceed

1800.00

Rent Proceed

0.00

Refinance EIDL Proceed

1000.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

24536

Originating Lender

Community State Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50591.67

Forgiveness Date

06/22/2021

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