Colony Plumbing & Heating, Inc.

$1,300,000 PPP Loan in Cedar Rapids, Iowa

Loan Details

Loan Number
4789347007
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$1,300,000
Current Approval
$1,320,000
Forgiveness Amount
$1,330,054
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Colony Plumbing & Heating, Inc.
Address
2224 16th Ave
State
Iowa
ZIP Code
52404-1615
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
76
Estimated Revenue
$24.0M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$1,166,400
Rent
$21,600
Utilities
$11,000
Health Care
$121,000

Lender Information

Servicing Lender
Ohnward Bank & Trust
Originating Lender
Ohnward Bank & Trust

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