PPP Loan information for Rhinehart excavating, inc.

$108,300

Rhinehart excavating, inc. was initially approved for PPP Loan of amount $108,300, the current approved amount is $108,300. The loan was approved on 04/10/2020 by The Raccoon Valley Bank reported 10 jobs and $108,300 was used to fund payroll.

Rhinehart excavating, inc. is Existing or more than 2 years old

RHINEHART EXCAVATING, INC.

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RHINEHART EXCAVATING, INC.

Borrower Address

28143 240th St P O BOX 160

Borrower City

DALLAS CENTER

Borrower State

IA

Borrower Zip

50063-8281

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108300.00

Current Approval Amount

108300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25374

Servicing Lender Name

Raccoon Valley Bank

Servicing Lender Address

1202 2nd St

Servicing Lender City

PERRY

Servicing Lender State

IA

Servicing Lender Zip

50220-1506

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

50063-8281

CD

IA-03

Jobs Reported

10

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

108300.00

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

25374

Originating Lender

Raccoon Valley Bank

Originating Lender City

PERRY

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

109166.40

Forgiveness Date

02/03/2021

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