ALEC LAPKE (IA) - 2020 PPP Loan Borrower Profile (# 1254918302)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ALEC LAPKE. 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
1254918302
SBA Office Code
0761
Processing Method
PPP
Curent Loan Amount
$13,530
Date Loan was Approved
Jan 16, 2021
Amount Forgiven
$13,626.21
Date Loan was Forgiven
Oct 6, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
13,527
Lender
Farmers Trust & Savings Bank
Business Detail
Business Type
Sole Proprietorship
NAICS
112111
Borrower Location
Dunlap, IA
Project Location
Dunlap, 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.