AMERICAN COLLISION & TOWING INC. (IA) - 2020 PPP Loan Borrower Profile (# 4871358310)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN COLLISION & TOWING 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

4871358310

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$42,000

Date Loan was Approved

Jan 23, 2021

Amount Forgiven

$42,159.83

Date Loan was Forgiven

Jun 15, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

42,000

Lender

Primebank

Business Detail

Business Type

Corporation

NAICS

811111

Borrower Location

Sioux City, IA

Project Location

Sioux City, IA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.