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Hoffman, Inc.

$1,174,950 PPP Loan in Muscatine, Iowa

Loan Details

Loan Number
5902717008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,174,950
Current Approval
$1,174,950
Forgiveness Amount
$1,181,543
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Hoffman, Inc.
Address
6011 49th Street S
City
Muscatine
State
Iowa
ZIP Code
52761-1153
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238140)
Business Age
Existing or more than 2 years old
Jobs Reported
68
Estimated Revenue
$7.3M
Rural/Urban
Urban
Congressional District
IA-01

Loan Use Breakdown

Payroll
$939,960
Utilities
$117,495
Mortgage Interest
$117,495

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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