Jensen Drainage & Excavation, INC

$38,600 PPP Loan in Humboldt, Iowa

Loan Details

Loan Number
7255957001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$38,600
Current Approval
$38,600
Forgiveness Amount
$38,953
Forgiveness Date
Mar 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Jensen Drainage & Excavation, INC
Address
1667 Kentucky Ave
State
Iowa
ZIP Code
50548-8715
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$34,600
Utilities
$1,000
Health Care
$1,000
Debt Interest
$2,000

Lender Information

Servicing Lender
Bank Iowa
Originating Lender
Bank Iowa

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