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Koester Construction Company Inc.

$575,000 PPP Loan in Grimes, Iowa

Loan Details

Loan Number
9274858508
Date Approved
Mar 12, 2021
Loan Status
Paid in Full
Initial Approval
$575,000
Current Approval
$575,000
Forgiveness Amount
$577,747
Forgiveness Date
Sep 8, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Koester Construction Company Inc.
Address
3050 SE Enterprise Dr
City
Grimes
State
Iowa
ZIP Code
50111-5055
Business Type
Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$43.3M
Rural/Urban
Urban
Congressional District
IA-03

Loan Use Breakdown

Payroll
$574,998
Utilities
$1

Lender Information

Servicing Lender
Peoples Bank
Originating Lender
Peoples Bank

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