Priority Excavating, LLC

$680,695 PPP Loan in Clive, Iowa

Loan Details

Loan Number
1352047102
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$680,695
Current Approval
$680,695
Forgiveness Amount
$686,663
Forgiveness Date
Mar 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Priority Excavating, LLC
Address
9550 Hickman Rd Ste 101
City
Clive
State
Iowa
ZIP Code
50325-5314
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (237210)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$9.9M
Rural/Urban
Urban
Congressional District
IA-03

Loan Use Breakdown

Payroll
$495,201
Rent
$21,563
Utilities
$56,120
Health Care
$66,124
Debt Interest
$41,687

Lender Information

Servicing Lender
Lincoln Savings Bank
Originating Lender
Lincoln Savings Bank

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