K. Cunningham Construction, Inc.

$391,922 PPP Loan in Cedar Falls, Iowa

Loan Details

Loan Number
8540527005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$391,922
Current Approval
$391,922
Forgiveness Amount
$394,918
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
K. Cunningham Construction, Inc.
Address
1025 Center St.
State
Iowa
ZIP Code
50613-1409
Business Type
Corporation
Industry (NAICS)
Construction (237310)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$12.4M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$351,000
Rent
$10,000
Utilities
$1,922
Health Care
$5,000
Debt Interest
$24,000

Lender Information

Servicing Lender
Lincoln Savings Bank
Originating Lender
Lincoln Savings Bank

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