A-K MODELS INC. (IA) - 2020 PPP Loan Borrower Profile (# 8523218501)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A-K MODELS INC.. 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

8523218501

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$15,600

Date Loan was Approved

Mar 10, 2021

Amount Forgiven

$15,638.89

Date Loan was Forgiven

Jun 15, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

15,597

Lender

Farmers & Merchants Savings Bank

Business Detail

Business Type

Corporation

NAICS

451120

Borrower Location

Iowa City, IA

Project Location

Iowa City, IA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.