ACT INNOVATE, INC. (IA) - 2020 PPP Loan Borrower Profile (# 7832737104)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACT INNOVATE, INC.. 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

7832737104

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$169,900

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$171,226.16

Date Loan was Forgiven

Jan 28, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

169,900

Lender

UMB Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

812210

Borrower Location

WEST DES MOINES, IA

Project Location

WEST DES MOINES, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.