ALEX RUETER (IA) - 2020 PPP Loan Borrower Profile (# 9987658703)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALEX RUETER. 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

9987658703

SBA Office Code

0761

Processing Method

PPS

Curent Loan Amount

$20,833

Date Loan was Approved

Apr 9, 2021

Amount Forgiven

$20,887.22

Date Loan was Forgiven

Jul 26, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

20,833

Lender

First Interstate Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

111150

Borrower Location

Ankeny, IA

Project Location

Ankeny, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.