PPP Loan information for Reding gravel & excavating company

$817,258

Reding gravel & excavating company was initially approved for PPP Loan of amount $817,258, the current approved amount is $817,258. The loan was approved on 04/09/2020 by The Security State Bank reported 50 jobs and $817,258 was used to fund payroll.

Reding gravel & excavating company is Existing or more than 2 years old

PPP Loan Search / IA / ALGONA / Reding gravel & excavating company

REDING GRAVEL & EXCAVATING COMPANY

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

REDING GRAVEL & EXCAVATING COMPANY

Borrower Address

2001 E OAK ST

Borrower City

ALGONA

Borrower State

IA

Borrower Zip

50511-2249

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

817258.35

Current Approval Amount

817258.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24641

Servicing Lender Name

Security State Bank

Servicing Lender Address

1 East State St

Servicing Lender City

ALGONA

Servicing Lender State

IA

Servicing Lender Zip

50511-2641

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALGONA

Project County Name

KOSSUTH

Project State

IA

Project Zip

50511-2249

CD

IA-04

Jobs Reported

50

NAICS Code

238910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

817258.35

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

24641

Originating Lender

Security State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

827065.45

Forgiveness Date

06/24/2021

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