ALAN KOENECKE (IA) - 2020 PPP Loan Borrower Profile (# 6424607303)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALAN KOENECKE. 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

6424607303

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$10,585

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$10,630.57

Date Loan was Forgiven

Oct 13, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

500

Payroll Proced

7,817.23

Debt Interest Proceed

2,267.77

Lender

West Iowa Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

111199

Borrower Location

BURT, IA

Project Location

BURT, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.