Magee Construction Company

$521,235 PPP Loan in Cedar Falls, Iowa

Loan Details

Loan Number
4723838310
Date Approved
Jan 23, 2021
Loan Status
Paid in Full
Initial Approval
$521,235
Current Approval
$521,235
Forgiveness Amount
$524,044
Forgiveness Date
Aug 19, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Magee Construction Company
Address
1705 Waterloo Rd
State
Iowa
ZIP Code
50613-4357
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236118)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$9.7M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$521,232
Utilities
$1

Lender Information

Servicing Lender
Cedar Rapids Bank and Trust Company
Originating Lender
Cedar Rapids Bank and Trust Company

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