Reding Gravel & Excavating Company

$817,258 PPP Loan in Algona, Iowa

Loan Details

Loan Number
9863307008
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$817,258
Current Approval
$817,258
Forgiveness Amount
$827,065
Forgiveness Date
Jun 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reding Gravel & Excavating Company
Address
2001 E Oak St
City
Algona
State
Iowa
ZIP Code
50511-2249
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238910)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$18.7M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$817,258

Lender Information

Servicing Lender
Security State Bank
Originating Lender
Security State Bank

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