3RD ST DEVELOPMENT, LLC (IA) - 2020 PPP Loan Borrower Profile (# 4804617004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 3RD ST DEVELOPMENT, 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

4804617004

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$64,400

Date Loan was Approved

Apr 4, 2020

Amount Forgiven

$65,212.16

Date Loan was Forgiven

Jul 13, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

5,000

Payroll Proced

52,000

Mortgage Interest Proceed

2,400

Rent Proceed

5,000

Lender

Farmers State Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

CEDAR RAPIDS, IA

Project Location

CEDAR RAPIDS, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.