Raveling INC

$340,250 PPP Loan in Melvin, Iowa

Loan Details

Loan Number
9188737003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$340,250
Current Approval
$340,250
Forgiveness Amount
$342,688
Forgiveness Date
Dec 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Raveling INC
Address
239 Main Street
City
Melvin
State
Iowa
ZIP Code
51350-1010
Business Type
Corporation
Industry (NAICS)
Construction (236210)
Business Age
Existing or more than 2 years old
Jobs Reported
63
Estimated Revenue
$71.8M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$255,188
Utilities
$85,062

Lender Information

Servicing Lender
Iowa State Bank
Originating Lender
Iowa State Bank

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