1ST AVENUE AUTO LLC (IA) - 2020 PPP Loan Borrower Profile (# 3774877201)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1ST AVENUE AUTO 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

3774877201

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$8,477

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$8,551.17

Date Loan was Forgiven

Mar 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

800

Payroll Proced

6,577

Rent Proceed

1,100

Lender

Solon State Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

441120

Borrower Location

CEDAR RAPIDS, IA

Project Location

CEDAR RAPIDS, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.