Mcdermott Concrete of Eastern Iowa, LLC

$146,500 PPP Loan in Cascade, Iowa

Loan Details

Loan Number
4987367003
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$146,500
Current Approval
$146,500
Forgiveness Amount
$147,588
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mcdermott Concrete of Eastern Iowa, LLC
Address
1207 1st Ave E
State
Iowa
ZIP Code
52033-9524
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238110)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$131,500
Rent
$10,000
Utilities
$5,000

Lender Information

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

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