PPP Loan information for Rasch construction, inc.

$532,500

Rasch construction, inc. was initially approved for PPP Loan of amount $532,500, the current approved amount is $532,500. The loan was approved on 04/04/2020 by The First Bank reported 39 jobs and $532,500 was used to fund payroll.

Rasch construction, inc. is Existing or more than 2 years old

PPP Loan Search / IA / FORT DODGE / Rasch construction, inc.

RASCH CONSTRUCTION, INC.

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RASCH CONSTRUCTION, INC.

Borrower Address

1828 JOHNSON AVE

Borrower City

FORT DODGE

Borrower State

IA

Borrower Zip

50501-8572

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

532500.00

Current Approval Amount

532500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25557

Servicing Lender Name

First Bank

Servicing Lender Address

316 E Bremer Ave

Servicing Lender City

WAVERLY

Servicing Lender State

IA

Servicing Lender Zip

50677-3532

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT DODGE

Project County Name

WEBSTER

Project State

IA

Project Zip

50501-8572

CD

IA-04

Jobs Reported

39

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

532500.00

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

Corporation

Originating Lender Location Id

25557

Originating Lender

First Bank

Originating Lender City

WAVERLY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

536345.83

Forgiveness Date

12/31/2020

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