As part of the Paycheck Protection Program CARROLL DISTRIBUTING AND CONSTRUCTION SUPPLY ESOP was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

CARROLL DISTRIBUTING AND CONSTRUCTION SUPPLY ESOP


Loan Amount	$3,897,600
BusinessName	CARROLL DISTRIBUTING AND CONSTRUCTION SUPPLY ESOP
Address	207 W 2nd Street, Suite 3
City	OTTUMWA
State	IA
Zip	52501
NAICSCode	423810
BusinessType	Employee Stock Ownership Plan(ESOP)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	316
DateApproved	04/13/2020
Lender	Cedar Rapids Bank and Trust Company
CD	IA-02
BusinessName.clean	CARROLL DISTRIBUTING AND CONSTRUCTION SUPPLY ESOP

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

CARROLL DISTRIBUTING COMPANY
CARROLL ENGINEERING
CARROLL ENTERPRISES
CARROLL HIGH SCHOOL
CARROLL LUTHERAN VILLAGE