PPP Loan information for Delaney concrete construction company, inc.

$387,500

Delaney concrete construction company, inc. was initially approved for PPP Loan of amount $388,600, the current approved amount is $387,500. The loan was approved on 04/07/2020 by The Farmers State Bank reported 10 jobs and $387,500 was used to fund payroll.

Delaney concrete construction company, inc. is Existing or more than 2 years old

DELANEY CONCRETE CONSTRUCTION COMPANY, INC.

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

DELANEY CONCRETE CONSTRUCTION COMPANY, INC.

Borrower Address

120 35TH ST

Borrower City

MARION

Borrower State

IA

Borrower Zip

52302-3810

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

388600.00

Current Approval Amount

387500.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

LINN

Project State

IA

Project Zip

52302-3810

CD

IA-02

Jobs Reported

10

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

318900.00

Mortgage Interest Proceed

1000.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

42600

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

Unanswered

Non Profit

Forgiveness Amount

390955.21

Forgiveness Date

03/05/2021

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