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
- City
- Coulter
- 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
Other PPP Loans in Coulter, IA
| Business | Approved | |
|---|---|---|
| Principal Builders INC | $255,000 | |
| Dan Borcherding | $20,833 | |
| Dan Borcherding | $20,833 | |
| Merle Marshall Jr. | $20,833 | |
| Century Machine Inc. | $10,568 |
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