Shaw Electric INC

$1,826,500 PPP Loan in Davenport, Iowa

Loan Details

Loan Number
7217347005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,826,500
Current Approval
$1,826,500
Forgiveness Amount
$1,846,997
Forgiveness Date
May 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Shaw Electric INC
Address
930 E River Dr
State
Iowa
ZIP Code
52803-5737
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
123
Estimated Revenue
$40.5M
Rural/Urban
Urban
Congressional District
IA-01

Loan Use Breakdown

Payroll
$1,826,500

Lender Information

Servicing Lender
Cbi Bank & Trust
Originating Lender
Cbi Bank & Trust

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