AARON HOFMANN (IA) - 2020 PPP Loan Borrower Profile (# 8538818703)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AARON HOFMANN. 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

8538818703

SBA Office Code

0736

Processing Method

PPS

Curent Loan Amount

$14,962

Date Loan was Approved

Apr 7, 2021

Amount Forgiven

$15,017.69

Date Loan was Forgiven

Aug 20, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

14,958

Lender

Cedar Rapids Bank and Trust Company

Business Detail

Business Type

Self-Employed Individuals

NAICS

112111

Borrower Location

Cedar Rapids, IA

Project Location

Cedar Rapids, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.