ABSOLUTE CONCRETE CONSTRUCTION, INC (IA) - 2020 PPP Loan Borrower Profile (# 9503567001)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSOLUTE CONCRETE CONSTRUCTION, INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Iowa.

Loan Detail

Loan Number

9503567001

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$1,087,007.82

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$1,097,371.62

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Refinance EIDL Proceed

1,087,007.82

Lender

First Interstate Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

238110

Borrower Location

SLATER, IA

Project Location

SLATER, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.