ALBERT GILGEN (IA) - 2020 PPP Loan Borrower Profile (# 1246388908)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALBERT GILGEN. 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

1246388908

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$7,712

Date Loan was Approved

Apr 24, 2021

Amount Forgiven

$7,734.71

Date Loan was Forgiven

Aug 16, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

7,712

Lender

Farmers State Bank

Business Detail

Business Type

Self-Employed Individuals

NAICS

531210

Borrower Location

Cedar Falls, IA

Project Location

Cedar Falls, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.