ALAN RUTER (IA) - 2020 PPP Loan Borrower Profile (# 6086388301)

Updated on April 18, 2025.

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

6086388301

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$20,800

Date Loan was Approved

Jan 26, 2021

Amount Forgiven

$20,879.21

Date Loan was Forgiven

Jun 23, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

20,800

Lender

First State Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

111199

Borrower Location

Mount Ayr, IA

Project Location

Mount Ayr, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.