ALGONA FAMILY YMCA (IA) - 2020 PPP Loan Borrower Profile (# 1412128308)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALGONA FAMILY YMCA. 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

1412128308

SBA Office Code

0761

Processing Method

PPS

Curent Loan Amount

$150,000

Date Loan was Approved

Jan 17, 2021

Amount Forgiven

$150,600

Date Loan was Forgiven

Jun 15, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

149,999

Lender

Iowa State Bank

Business Detail

Business Type

Non-Profit Organization

NAICS

713940

Borrower Location

Algona, IA

Project Location

Algona, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.