ALBATROSS ASSET MANAGEMENT (IA) - 2020 PPP Loan Borrower Profile (# 3009308302)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALBATROSS ASSET MANAGEMENT. 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

3009308302

SBA Office Code

0761

Processing Method

PPS

Curent Loan Amount

$106,719

Date Loan was Approved

Jan 21, 2021

Amount Forgiven

$107,347.62

Date Loan was Forgiven

Aug 31, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

106,714

Lender

Iowa State Bank

Business Detail

Business Type

Corporation

NAICS

561499

Borrower Location

Des Moines, IA

Project Location

Des Moines, IA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.