Downing Construction INC

$681,881 PPP Loan in Indianola, Iowa

Loan Details

Loan Number
6810227000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$681,881
Current Approval
$681,881
Forgiveness Amount
$688,207
Forgiveness Date
Mar 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Downing Construction INC
Address
509 E Scenic Valley Ave
State
Iowa
ZIP Code
50125-4600
Business Type
Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$50.1M
Rural/Urban
Rural
Congressional District
IA-01

Loan Use Breakdown

Payroll
$681,881

Lender Information

Servicing Lender
Peoples Savings Bank
Originating Lender
Peoples Savings Bank

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