PPP Loan information for Summit concrete inc

$720,000

Summit concrete inc was initially approved for PPP Loan of amount $766,600, the current approved amount is $720,000. The loan was approved on 04/04/2020 by The First Central State Bank reported 33 jobs and $720,000 was used to fund payroll.

Summit concrete inc is Existing or more than 2 years old

SUMMIT CONCRETE INC

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SUMMIT CONCRETE INC

Borrower Address

7186 State Street

Borrower City

BETTENDORF

Borrower State

IA

Borrower Zip

52722-5516

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

766600.00

Current Approval Amount

720000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24910

Servicing Lender Name

First Central State Bank

Servicing Lender Address

914 6th Ave

Servicing Lender City

DE WITT

Servicing Lender State

IA

Servicing Lender Zip

52742-1331

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BETTENDORF

Project County Name

SCOTT

Project State

IA

Project Zip

52722-5516

CD

IA-01

Jobs Reported

33

NAICS Code

238110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

720000.00

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

24910

Originating Lender

First Central State Bank

Originating Lender City

DE WITT

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

724339.73

Forgiveness Date

11/23/2020

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