ABC METALS AND RECYCLING (IA) - 2020 PPP Loan Borrower Profile (# 9793078403)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABC METALS AND RECYCLING. 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

9793078403

SBA Office Code

0761

Processing Method

PPS

Curent Loan Amount

$112,840

Date Loan was Approved

Feb 17, 2021

Amount Forgiven

$113,363.45

Date Loan was Forgiven

Aug 6, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

112,840

Lender

U.S. Bank, National Association

Business Detail

Business Type

Corporation

NAICS

562920

Borrower Location

Des Moines, IA

Project Location

Des Moines, 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.