AMERICAN REBAR & SUPPLY, LLC (IA) - 2020 PPP Loan Borrower Profile (# 7149027207)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN REBAR & SUPPLY, LLC. 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

7149027207

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$73,000

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$73,669.17

Date Loan was Forgiven

Mar 29, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

73,000

Lender

Farmers & Merchants Savings Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

423320

Borrower Location

CEDAR RAPIDS, IA

Project Location

CEDAR RAPIDS, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.