ACRE AGRICULTURAL EDUCATION CENTER (IA) - 2020 PPP Loan Borrower Profile (# 2891507908)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACRE AGRICULTURAL EDUCATION CENTER. 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

2891507908

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$8,361

Date Loan was Approved

Jun 12, 2020

Amount Forgiven

$8,403.38

Date Loan was Forgiven

Dec 15, 2020

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

1,046

Payroll Proced

6,271

Rent Proceed

1,044

Lender

Pinnacle Bank

Business Detail

Business Type

Non-Profit Organization

NAICS

611110

Borrower Location

State Center, IA

Project Location

State Center, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.