Date Approved
03/03/2021
SBA Office Code
0761
Processing Method
PPS
Borrower Name
THORPE EXCAVATING INC
Borrower Address
4300 SE Beisser Dr
Borrower City
Grimes
Borrower State
IA
Borrower Zip
50111-4972
Loan Status Date
11/06/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
131810.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
24768
Servicing Lender Name
Bank Iowa
Servicing Lender Address
1150 Jordan Creek Pkwy
Servicing Lender City
WEST DES MOINES
Servicing Lender State
Servicing Lender Zip
50266-5831
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
POLK
Project State
Project Zip
CD
IA-03
Jobs Reported
9
NAICS Code
237990
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
131807.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
132644.80
Forgiveness Date
10/19/2021