ALBERT MENKE (IA) - 2020 PPP Loan Borrower Profile (# 1126128710)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALBERT MENKE. 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
1126128710
SBA Office Code
0736
Processing Method
PPS
Curent Loan Amount
$20,800
Date Loan was Approved
Mar 26, 2021
Amount Forgiven
$20,846.22
Date Loan was Forgiven
Jun 15, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Payroll Proced
20,800
Lender
Pilot Grove Savings Bank

Business Detail

Business Type
Sole Proprietorship
NAICS
112112
Borrower Location
Salem, IA
Project Location
Salem, IA
Rural/Urban
Rural
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
1
Business Age Description
Existing or more than 2 years old
Data Source: SBA.