# PPP loan: DORMARK CONSTRUCTION COMPANY
> **$402K** approved 04/10/2020 · Paid in Full · Loan `1972337107`
## Borrower
- **Name:** DORMARK CONSTRUCTION COMPANY
- **Address:** 3310 BROOKSIDE DR, GRIMES, IA, 50111-5159
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $402K
- **Initial approval:** $402K
- **Forgiven:** $404K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $402K
- **Jobs reported:** 20
## Lender
- **Originating:** Iowa State Bank
- **Servicing:** Iowa State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*