ALTERNATIVE RAIN IRRIGATION INC (IA) - 2020 PPP Loan Borrower Profile (# 6827227007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALTERNATIVE RAIN IRRIGATION 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

6827227007

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$47,491.2

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$47,888.28

Date Loan was Forgiven

Feb 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,491.2

Payroll Proced

38,000

Mortgage Interest Proceed

7,000

Lender

VisionBank of Iowa

Business Detail

Business Type

Corporation

NAICS

221310

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.