ALES, PC (IA) - 2020 PPP Loan Borrower Profile (# 1944047106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALES, PC. 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

1944047106

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$36,090

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$36,484.52

Date Loan was Forgiven

May 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

600

Payroll Proced

30,890

Rent Proceed

4,600

Lender

Blue Grass Savings Bank

Business Detail

Business Type

Corporation

NAICS

541211

Borrower Location

DAVENPORT, IA

Project Location

DAVENPORT, IA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.