PPP Loan information for Garling construction inc

$650,900

Garling construction inc was initially approved for PPP Loan of amount $650,900, the current approved amount is $650,900. The loan was approved on 04/06/2020 by The MidWestOne Bank reported 39 jobs and $650,900 was used to fund payroll.

Garling construction inc is Existing or more than 2 years old

PPP Loan Search / IA / BELLE PLAINE / Garling construction inc

GARLING CONSTRUCTION INC

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

GARLING CONSTRUCTION INC

Borrower Address

1120 11th Street

Borrower City

BELLE PLAINE

Borrower State

IA

Borrower Zip

52208-1705

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

650900.00

Current Approval Amount

650900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BELLE PLAINE

Project County Name

BENTON

Project State

IA

Project Zip

52208-1705

CD

IA-02

Jobs Reported

39

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

40681.25

Payroll Proceed

488175.00

Mortgage Interest Proceed

40681.25

Rent Proceed

40681.25

Refinance EIDL Proceed

0.00

Health Care Proceed

40681.25

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

654968.12

Forgiveness Date

11/25/2020

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