PPP Loan information for Webb concrete inc.

$308,200

Webb concrete inc. was initially approved for PPP Loan of amount $308,200, the current approved amount is $308,200. The loan was approved on 04/06/2020 by The Farmers State Bank reported 23 jobs and $308,200 was used to fund payroll.

Webb concrete inc. is Existing or more than 2 years old

WEBB CONCRETE INC.

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

WEBB CONCRETE INC.

Borrower Address

2546 POSTEL AVE

Borrower City

INDEPENDENCE

Borrower State

IA

Borrower Zip

50644-9353

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

308200.00

Current Approval Amount

308200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INDEPENDENCE

Project County Name

BUCHANAN

Project State

IA

Project Zip

50644-9353

CD

IA-02

Jobs Reported

23

NAICS Code

238110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

308200.00

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

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

309912.22

Forgiveness Date

11/03/2020

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