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M. D. Concrete Company, Inc.

$255,033 PPP Loan in Palo, Iowa

Loan Details

Loan Number
5864527204
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$255,033
Current Approval
$255,033
Forgiveness Amount
$256,874
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
M. D. Concrete Company, Inc.
Address
120 Dry Creek Ct
City
Palo
State
Iowa
ZIP Code
52324-9610
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238110)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$5.3M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$204,026
Utilities
$12,756
Mortgage Interest
$38,250

Lender Information

Servicing Lender
Hiawatha Bank and Trust Company
Originating Lender
Hiawatha Bank and Trust Company

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