AAABE INC (IA) - 2020 PPP Loan Borrower Profile (# 2792969010)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AAABE 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
2792969010
SBA Office Code
0736
Processing Method
PPS
Curent Loan Amount
$58,355
Date Loan was Approved
May 18, 2021
Amount Forgiven
$58,740.79
Date Loan was Forgiven
Jan 18, 2022
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
58,353
Lender
Farmers & Merchants Savings Bank
Business Detail
Business Type
Corporation
NAICS
562219
Borrower Location
Monticello, IA
Project Location
Monticello, IA
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
10
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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