Frase Construction, Inc.

$61,500 PPP Loan in Ottumwa, Iowa

Loan Details

Loan Number
9146867009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$61,500
Current Approval
$61,500
Forgiveness Amount
$61,958
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Frase Construction, Inc.
Address
205 S Iowa Street
State
Iowa
ZIP Code
52501-3312
Business Type
Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
$6.8M
Rural/Urban
Rural
Congressional District
IA-03

Loan Use Breakdown

Payroll
$48,644
Rent
$8,256
Utilities
$2,000
Health Care
$2,600

Lender Information

Servicing Lender
South Ottumwa Savings Bank
Originating Lender
South Ottumwa Savings Bank

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