Monson Construction INC

$52,200 PPP Loan in Clear Lake, Iowa

Loan Details

Loan Number
7490817005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$52,200
Current Approval
$52,200
Forgiveness Amount
$52,583
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Monson Construction INC
Address
2508 S 3rd Street Unit 12
State
Iowa
ZIP Code
50428-2835
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
$6.8M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$50,050
Utilities
$850
Mortgage Interest
$850
Debt Interest
$450

Lender Information

Servicing Lender
Clear Lake Bank & Trust Company
Originating Lender
Clear Lake Bank & Trust Company

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