PPP Loan information for Springville ready mix, inc

$242,009

Springville ready mix, inc was initially approved for PPP Loan of amount $242,009, the current approved amount is $242,009. The loan was approved on 04/07/2020 by The The Exchange State Bank reported 26 jobs and $242,009 was used to fund payroll.

Springville ready mix, inc is Existing or more than 2 years old

SPRINGVILLE READY MIX, INC

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SPRINGVILLE READY MIX, INC

Borrower Address

301 5th Street N PO Box 99

Borrower City

SPRINGVILLE

Borrower State

IA

Borrower Zip

52336-9514

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

242008.75

Current Approval Amount

242008.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25498

Servicing Lender Name

The Exchange State Bank

Servicing Lender Address

253 Broadway

Servicing Lender City

SPRINGVILLE

Servicing Lender State

IA

Servicing Lender Zip

52336-9668

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRINGVILLE

Project County Name

LINN

Project State

IA

Project Zip

52336-9514

CD

IA-02

Jobs Reported

26

NAICS Code

327320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

242008.75

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

25498

Originating Lender

The Exchange State Bank

Originating Lender City

SPRINGVILLE

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

243487.32

Forgiveness Date

11/24/2020

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