AMERICAN HANDLING SYSTEMS INC. (IA) - 2020 PPP Loan Borrower Profile (# 8163308401)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN HANDLING SYSTEMS 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

8163308401

SBA Office Code

0761

Processing Method

PPS

Curent Loan Amount

$688,200

Date Loan was Approved

Feb 13, 2021

Amount Forgiven

$694,757.02

Date Loan was Forgiven

Jan 28, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

688,197

Lender

Community State Bank

Business Detail

Business Type

Corporation

NAICS

333923

Borrower Location

Laurens, IA

Project Location

Laurens, IA

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.