ABSOLUTELY DRY BASEMENT WATERPROOFING INC. (IA) - 2020 PPP Loan Borrower Profile (# 1594108607)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSOLUTELY DRY BASEMENT WATERPROOFING 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

1594108607

SBA Office Code

0736

Processing Method

PPS

Curent Loan Amount

$188,187

Date Loan was Approved

Mar 13, 2021

Amount Forgiven

$190,215.24

Date Loan was Forgiven

Apr 11, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

188,184

Lender

Quad City Bank and Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

238110

Borrower Location

Davenport, IA

Project Location

Davenport, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.