PPP Loan information for Metro concrete inc.

$108,000

Metro concrete inc. was initially approved for PPP Loan of amount $108,000, the current approved amount is $108,000. The loan was approved on 04/05/2020 by The Bank Iowa reported 13 jobs and $108,000 was used to fund payroll.

Metro concrete inc. is Existing or more than 2 years old

METRO CONCRETE INC.

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

METRO CONCRETE INC.

Borrower Address

27835 215th Street

Borrower City

DALLAS CENTER

Borrower State

IA

Borrower Zip

50063-8421

Loan Status Date

06/06/2020

Loan Status

Charged Off

Term

7

SBA Guaranty Percentage

100

Initial Approval Amount

108000.00

Current Approval Amount

108000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24768

Servicing Lender Name

Bank Iowa

Servicing Lender Address

1150 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-5831

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DALLAS CENTER

Project County Name

DALLAS

Project State

IA

Project Zip

50063-8421

CD

IA-03

Jobs Reported

13

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

108000.00

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

24768

Originating Lender

Bank Iowa

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;