ALLEN HOFFMANN (IA) - 2020 PPP Loan Borrower Profile (# 6164568510)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ALLEN HOFFMANN. 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
6164568510
SBA Office Code
0761
Processing Method
PPS
Curent Loan Amount
$20,832
Date Loan was Approved
Mar 3, 2021
Amount Forgiven
$20,904.33
Date Loan was Forgiven
Jul 16, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
20,829
Lender
The Shelby County State Bank
Business Detail
Business Type
Sole Proprietorship
NAICS
111998
Borrower Location
Panama, IA
Project Location
Panama, IA
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
1
Business Age Description
Existing or more than 2 years old
Data Source: SBA.