PPP Loan information for Stearns construction inc.

$21,844

Stearns construction inc. was initially approved for PPP Loan of amount $21,844, the current approved amount is $21,844. The loan was approved on 04/27/2021 by The Security State Bank reported 2 jobs and $21,844 was used to fund payroll.

Stearns construction inc. is Existing or more than 2 years old

STEARNS CONSTRUCTION INC.

Date Approved

04/27/2021

SBA Office Code

0761

Processing Method

PPP

Borrower Name

STEARNS CONSTRUCTION INC.

Borrower Address

212 1st St

Borrower City

Gilbert

Borrower State

IA

Borrower Zip

50105-7700

Loan Status Date

05/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

21844.00

Current Approval Amount

21844.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25400

Servicing Lender Name

Security State Bank

Servicing Lender Address

207 Isabella St

Servicing Lender City

RADCLIFFE

Servicing Lender State

IA

Servicing Lender Zip

50230

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gilbert

Project County Name

STORY

Project State

IA

Project Zip

50105-7700

CD

IA-04

Jobs Reported

2

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

21841.00

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

25400

Originating Lender

Security State Bank

Originating Lender City

RADCLIFFE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

21914.99

Forgiveness Date

08/24/2021

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