Rognes Bros. Excavating INC

$242,000 PPP Loan in Lake Mills, Iowa

Loan Details

Loan Number
4494397003
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$242,000
Current Approval
$242,000
Forgiveness Amount
$243,580
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rognes Bros. Excavating INC
Address
205 N Mill St
State
Iowa
ZIP Code
50450-1315
Business Type
Corporation
Industry (NAICS)
Construction (237990)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$9.3M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$181,500
Utilities
$30,250
Mortgage Interest
$30,250

Lender Information

Servicing Lender
Manufacturers Bank & Trust Company
Originating Lender
Manufacturers Bank & Trust Company

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