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Mr. B's Flooring

$88,538 PPP Loan in Spencer, Iowa

Loan Details

Loan Number
6983087004
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$88,538
Current Approval
$88,538
Forgiveness Amount
$89,204
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mr. B's Flooring
Address
1014 11th Ave
City
Spencer
State
Iowa
ZIP Code
51301-6207
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238330)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$70,265
Rent
$14,000
Utilities
$4,273

Lender Information

Servicing Lender
State Bank
Originating Lender
State Bank

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