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Allen Blasting and Coating INC

$1,156,680 PPP Loan in Wever, Iowa

Loan Details

Loan Number
8567737009
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,156,680
Current Approval
$1,156,680
Forgiveness Amount
$1,165,323
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Allen Blasting and Coating INC
Address
1668 Old Highway 61
City
Wever
State
Iowa
ZIP Code
52658
Business Type
Corporation
Industry (NAICS)
Construction (238320)
Business Age
Existing or more than 2 years old
Jobs Reported
86
Estimated Revenue
$21.7M
Rural/Urban
Rural
Congressional District
IA-01

Loan Use Breakdown

Payroll
$925,344
Rent
$231,336

Lender Information

Servicing Lender
Two Rivers Bank & Trust
Originating Lender
Two Rivers Bank & Trust

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