ALBIN MASSMAN (IA) - 2020 PPP Loan Borrower Profile (# 5185208305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALBIN MASSMAN. 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

5185208305

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$7,017

Date Loan was Approved

Jan 25, 2021

Amount Forgiven

$7,043.72

Date Loan was Forgiven

Jun 15, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

7,016

Lender

New Albin Savings Bank

Business Detail

Business Type

Self-Employed Individuals

NAICS

111150

Borrower Location

West Union, IA

Project Location

West Union, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.