111 GRAND AVENUE LLC (IA) - 2020 PPP Loan Borrower Profile (# 5798327008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 111 GRAND AVENUE LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Iowa.

Loan Detail

Loan Number

5798327008

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$115,300

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$116,171.16

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

11,527

Payroll Proced

92,246

Mortgage Interest Proceed

11,527

Lender

TruBank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

DES MOINES, IA

Project Location

DES MOINES, IA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.