1200 SENATE AVENUE L.L.C. (IA) - 2020 PPP Loan Borrower Profile (# 7480328406)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1200 SENATE AVENUE L.L.C.. 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

7480328406

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$147,557.5

Date Loan was Approved

Feb 12, 2021

Amount Forgiven

$148,037.06

Date Loan was Forgiven

Jun 15, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

147,552.5

Lender

Houghton State Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

Red Oak, IA

Project Location

Red Oak, IA

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.