PPP Loan information for Team excavating inc

$194,381

Team excavating inc was initially approved for PPP Loan of amount $194,381, the current approved amount is $194,381. The loan was approved on 03/06/2021 by The South Story Bank & Trust reported 16 jobs and $194,381 was used to fund payroll.

Team excavating inc is Existing or more than 2 years old

TEAM EXCAVATING INC

Date Approved

03/06/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

TEAM EXCAVATING INC

Borrower Address

2525 NE 80th St

Borrower City

Altoona

Borrower State

IA

Borrower Zip

50009-9506

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

194380.97

Current Approval Amount

194380.97

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25481

Servicing Lender Name

South Story Bank & Trust

Servicing Lender Address

501 Linn St

Servicing Lender City

SLATER

Servicing Lender State

IA

Servicing Lender Zip

50244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Altoona

Project County Name

POLK

Project State

IA

Project Zip

50009-9506

CD

IA-03

Jobs Reported

16

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

194376.97

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

25481

Originating Lender

South Story Bank & Trust

Originating Lender City

SLATER

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

195363.67

Forgiveness Date

09/14/2021

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