Principal Builders, Inc.

$162,500 PPP Loan in Coulter, Iowa

Loan Details

Loan Number
6330177010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$162,500
Current Approval
$162,500
Forgiveness Amount
$163,497
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Principal Builders, Inc.
Address
25 Main Street P.o. Box 125
State
Iowa
ZIP Code
50431
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236115)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$130,000
Utilities
$5,000
Mortgage Interest
$5,000
Debt Interest
$22,500

Lender Information

Servicing Lender
First Bank Hampton
Originating Lender
First Bank Hampton

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