ALAN RASMUSSEN (IA) - 2020 PPP Loan Borrower Profile (# 1610348610)

Updated on April 18, 2025.

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

1610348610

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$5,075

Date Loan was Approved

Mar 13, 2021

Amount Forgiven

$5,087.26

Date Loan was Forgiven

Jun 14, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

5,074

Lender

BMO Bank National Association

Business Detail

Business Type

Sole Proprietorship

NAICS

111998

Borrower Location

Decorah, IA

Project Location

Decorah, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.