ALGONA FRAME & AUTO BODY INC. (IA) - 2020 PPP Loan Borrower Profile (# 3582398310)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ALGONA FRAME & AUTO BODY INC.. 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
3582398310
SBA Office Code
0761
Processing Method
PPS
Curent Loan Amount
$33,808
Date Loan was Approved
Jan 22, 2021
Amount Forgiven
$34,033.39
Date Loan was Forgiven
Sep 27, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
33,802
Lender
Iowa State Bank
Business Detail
Business Type
Subchapter S Corporation
NAICS
811121
Borrower Location
Algona, IA
Project Location
Algona, IA
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
5
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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