ABRAM KARELS (IA) - 2020 PPP Loan Borrower Profile (# 5028688305)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ABRAM KARELS. 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
5028688305
SBA Office Code
0736
Processing Method
PPP
Curent Loan Amount
$8,817
Date Loan was Approved
Jan 23, 2021
Amount Forgiven
$8,850.34
Date Loan was Forgiven
Jun 15, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
8,816
Lender
Security State Bank
Business Detail
Business Type
Sole Proprietorship
NAICS
112112
Borrower Location
Ionia, IA
Project Location
Ionia, IA
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
1
Business Age Description
Existing or more than 2 years old
Data Source: SBA.