Mccarthy-Bush Corporation

$9,016,600 PPP Loan in Davenport, Iowa

Loan Details

Loan Number
7964757003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$9,016,600
Current Approval
$9,016,600
Forgiveness Amount
$8,192,964
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mccarthy-Bush Corporation
Address
5401 Victoria Ave
State
Iowa
ZIP Code
52807-2939
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
465
Estimated Revenue
$529.8M
Rural/Urban
Urban
Congressional District
IA-01

Loan Use Breakdown

Payroll
$6,857,400
Rent
$1,101,500
Debt Interest
$1,057,700

Lender Information

Servicing Lender
Fortress Bank
Originating Lender
Fortress Bank

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