PPP Loan information for Bwc excavating lc

$727,800

Bwc excavating lc was initially approved for PPP Loan of amount $727,800, the current approved amount is $727,800. The loan was approved on 04/10/2020 by The Farmers & Merchants Savings Bank reported 55 jobs and $727,800 was used to fund payroll.

Bwc excavating lc is Existing or more than 2 years old

BWC EXCAVATING LC

Date Approved

04/10/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

BWC EXCAVATING LC

Borrower Address

1303 Hickory Hollow RD

Borrower City

SOLON

Borrower State

IA

Borrower Zip

52333-9292

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

727800.00

Current Approval Amount

727800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOLON

Project County Name

JOHNSON

Project State

IA

Project Zip

52333-9292

CD

IA-01

Jobs Reported

55

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

727800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

733602.18

Forgiveness Date

02/01/2021

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