Propst Construction Company

$764,135 PPP Loan in Concord, North Carolina

Loan Details

Loan Number
6552527003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$764,135
Current Approval
$731,549
Forgiveness Amount
$740,307
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Propst Construction Company
Address
Po Box 688
ZIP Code
28026-0688
Business Type
Corporation
Industry (NAICS)
Construction (236116)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$14.6M
Rural/Urban
Urban
Congressional District
NC-12

Loan Use Breakdown

Payroll
$731,549

Lender Information

Servicing Lender
Farmers and Merchants Bank
Originating Lender
Farmers and Merchants Bank

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