PPP Loan information for Team excavating inc

$210,202

Team excavating inc was initially approved for PPP Loan of amount $210,202, the current approved amount is $210,202. The loan was approved on 04/09/2020 by The South Story Bank & Trust reported 23 jobs and $210,202 was used to fund payroll.

Team excavating inc is Existing or more than 2 years old

TEAM EXCAVATING INC

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

TEAM EXCAVATING INC

Borrower Address

2525 NE 80th Street PO Box 561

Borrower City

ALTOONA

Borrower State

IA

Borrower Zip

50009

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

210202.37

Current Approval Amount

210202.37

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

50009-0001

CD

IA-03

Jobs Reported

23

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

210202.37

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

211387.68

Forgiveness Date

11/05/2020

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