Herbst Construction INC

$333,125 PPP Loan in Le Mars, Iowa

Loan Details

Loan Number
3131588309
Date Approved
Jan 21, 2021
Loan Status
Paid in Full
Initial Approval
$333,125
Current Approval
$333,125
Forgiveness Amount
$335,617
Forgiveness Date
Oct 25, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Herbst Construction INC
Address
16022 Highway 75
State
Iowa
ZIP Code
51031
Business Type
Corporation
Industry (NAICS)
Construction (237310)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$5.6M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$333,122
Utilities
$1

Lender Information

Servicing Lender
American Bank, National Association
Originating Lender
American Bank, National Association

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