PPP Loan information for River valley construction

$695,900

River valley construction was initially approved for PPP Loan of amount $695,900, the current approved amount is $695,900. The loan was approved on 04/04/2020 by The Quad City Bank and Trust Company reported 37 jobs and $695,900 was used to fund payroll.

River valley construction is Existing or more than 2 years old

RIVER VALLEY CONSTRUCTION

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

RIVER VALLEY CONSTRUCTION

Borrower Address

444 Devils Glen

Borrower City

BETTENDORF

Borrower State

IA

Borrower Zip

52722

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

695900.00

Current Approval Amount

695900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118885

Servicing Lender Name

Quad City Bank and Trust Company

Servicing Lender Address

2118 Middle Rd

Servicing Lender City

BETTENDORF

Servicing Lender State

IA

Servicing Lender Zip

52722-3209

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BETTENDORF

Project County Name

SCOTT

Project State

IA

Project Zip

52722-0001

CD

IA-01

Jobs Reported

37

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

695900.00

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

118885

Originating Lender

Quad City Bank and Trust Company

Originating Lender City

BETTENDORF

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

699688.79

Forgiveness Date

11/03/2020

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