PPP Loan information for Young construction of north iowa, inc.

$162,400

Young construction of north iowa, inc. was initially approved for PPP Loan of amount $319,400, the current approved amount is $162,400. The loan was approved on 04/03/2020 by The NSB Bank reported 21 jobs and $162,400 was used to fund payroll.

Young construction of north iowa, inc. is Existing or more than 2 years old

YOUNG CONSTRUCTION OF NORTH IOWA, INC.

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

YOUNG CONSTRUCTION OF NORTH IOWA, INC.

Borrower Address

1539 N Federal Ave

Borrower City

MASON CITY

Borrower State

IA

Borrower Zip

50401-1243

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

319400.00

Current Approval Amount

162400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25313

Servicing Lender Name

NSB Bank

Servicing Lender Address

2650 4th St SW

Servicing Lender City

MASON CITY

Servicing Lender State

IA

Servicing Lender Zip

50401-4651

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MASON CITY

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50401-1243

CD

IA-02

Jobs Reported

21

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

162400.00

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

25313

Originating Lender

NSB Bank

Originating Lender City

MASON CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

163690.18

Forgiveness Date

01/20/2021

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