Compass Utility, LLC

$316,000 PPP Loan in Council Bluffs, Iowa

Loan Details

Loan Number
5051377003
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$316,000
Current Approval
$316,000
Forgiveness Amount
$317,773
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Compass Utility, LLC
Address
19842 Memory Ln
State
Iowa
ZIP Code
51503-8332
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (237990)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$10.2M
Rural/Urban
Urban
Congressional District
IA-04

Loan Use Breakdown

Payroll
$290,000
Rent
$10,000
Utilities
$16,000

Lender Information

Servicing Lender
Washington County Bank
Originating Lender
Washington County Bank

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