ABEL SEED SERVICE CORP (IA) - 2020 PPP Loan Borrower Profile (# 5792778401)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABEL SEED SERVICE CORP. 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

5792778401

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$16,400

Date Loan was Approved

Feb 9, 2021

Amount Forgiven

$16,464.23

Date Loan was Forgiven

Jul 2, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

16,398

Lender

U.S. Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

115116

Borrower Location

MEDIAPOLIS, IA

Project Location

MEDIAPOLIS, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.