PPP Loan information for Young plumbing and heating co

$2,249,900

Young plumbing and heating co was initially approved for PPP Loan of amount $2,249,900, the current approved amount is $2,249,900. The loan was approved on 04/07/2020 by The Cedar Rapids Bank and Trust Company reported 121 jobs and $2,249,900 was used to fund payroll.

Young plumbing and heating co is Existing or more than 2 years old

YOUNG PLUMBING AND HEATING CO

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

YOUNG PLUMBING AND HEATING CO

Borrower Address

750 S Hackett Rd

Borrower City

WATERLOO

Borrower State

IA

Borrower Zip

50701-3129

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2249900.00

Current Approval Amount

2249900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

238179

Servicing Lender Name

Cedar Rapids Bank and Trust Company

Servicing Lender Address

500 1st Ave NE

Servicing Lender City

Cedar Rapids

Servicing Lender State

IA

Servicing Lender Zip

52401

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERLOO

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50701-3129

CD

IA-02

Jobs Reported

121

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2249900.00

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

238179

Originating Lender

Cedar Rapids Bank and Trust Company

Originating Lender City

Cedar Rapids

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2275773.85

Forgiveness Date

06/14/2021

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