# PPP loan: CDB UTILITY CONTRACTORS INC
> **$567K** approved 01/20/2021 · Paid in Full · Loan `2341588302`
## Borrower
- **Name:** CDB UTILITY CONTRACTORS INC
- **Address:** 11029 136th St, Davenport, IA, 52804-8850
- **NAICS:** 237130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $567K
- **Initial approval:** $567K
- **Forgiven:** $570K (101%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $567K
- **Utilities:** $1
- **Jobs reported:** 38
## Lender
- **Originating:** IH Mississippi Valley Credit Union
- **Servicing:** IH Mississippi Valley Credit Union (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*