Charlson Excavating Company of Clear Lake

$319,400 PPP Loan in Clear Lake, Iowa

Loan Details

Loan Number
4711247001
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$319,400
Current Approval
$319,400
Forgiveness Amount
$321,769
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Charlson Excavating Company of Clear Lake
Address
4111 7th Ave North
State
Iowa
ZIP Code
50428-8517
Business Type
Corporation
Industry (NAICS)
Construction (238910)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$6.7M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$255,512
Rent
$18,388
Utilities
$5,000
Health Care
$40,500

Lender Information

Servicing Lender
Clear Lake Bank & Trust Company
Originating Lender
Clear Lake Bank & Trust Company

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