# PPP loan: ABOLT CONSTRUCTION, INC
> **$171K** approved 04/14/2020 · Paid in Full · Loan `6751617107`
## Borrower
- **Name:** ABOLT CONSTRUCTION, INC
- **Address:** 2887 Chalk Ridge Road, FORT MADISON, IA, 52627-7631
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $137K
- **Utilities:** $34K
- **Jobs reported:** 13
## Lender
- **Originating:** Two Rivers Bank and Trust
- **Servicing:** Two Rivers Bank & Trust (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*