# PPP loan: EASTERN IOWA EXCAVATING & CONCRETE, LLC
> **$429K** approved 04/08/2020 · Paid in Full · Loan `8405807003`
## Borrower
- **Name:** EASTERN IOWA EXCAVATING & CONCRETE, LLC
- **Address:** 121 NIXON ST SE, CASCADE, IA, 52033-7753
- **NAICS:** 237990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $429K
- **Initial approval:** $429K
- **Forgiven:** $432K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $321K
- **Rent:** $27K
- **Mortgage interest:** $27K
- **Utilities:** $27K
- **Debt interest:** $27K
- **Jobs reported:** 40
## Lender
- **Originating:** Dupaco Community CU
- **Servicing:** Dupaco Community CU (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*