Magee Construction Company

$452,200 PPP Loan in Cedar Falls, Iowa

Loan Details

Loan Number
5249847008
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$452,200
Current Approval
$452,200
Forgiveness Amount
$454,938
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First 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
36
Estimated Revenue
$10.9M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$452,200

Lender Information

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

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