ANDERSON TOOLING INC (IA) - 2020 PPP Loan Borrower Profile (# 8655917102)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ANDERSON TOOLING 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

8655917102

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$153,800

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$155,167.11

Date Loan was Forgiven

Mar 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

9,612.5

Payroll Proced

115,350

Mortgage Interest Proceed

9,612.5

Rent Proceed

9,612.5

Health Care Proceed

9,612.5

Lender

MidWestOne Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

423830

Borrower Location

FAIRFIELD, IA

Project Location

FAIRFIELD, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.