Whiting Commercial Development Corp

$710,800 PPP Loan in Whiting, Iowa

Loan Details

Loan Number
4452337107
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$710,800
Current Approval
$710,800
Forgiveness Amount
$715,321
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Whiting Commercial Development Corp
Address
200 Shannon Dr
State
Iowa
ZIP Code
51063-1002
Business Type
Corporation
Industry (NAICS)
Health Care and Social Assistance (623110)
Business Age
Existing or more than 2 years old
Jobs Reported
88
Estimated Revenue
$15.0M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$620,000
Utilities
$30,000
Mortgage Interest
$60,800

Lender Information

Servicing Lender
Northwest Bank
Originating Lender
Northwest Bank

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