ARBOR SPRINGS OPERATIONS LLC (IA) - 2020 PPP Loan Borrower Profile (# 6982097103)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ARBOR SPRINGS OPERATIONS 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
6982097103
SBA Office Code
0761
Processing Method
PPP
Curent Loan Amount
$616,400
Date Loan was Approved
Apr 14, 2020
Amount Forgiven
$622,649.61
Date Loan was Forgiven
Apr 19, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
38,525
Payroll Proced
462,300
Mortgage Interest Proceed
38,525
Rent Proceed
38,525
Debt Interest Proceed
38,525
Lender
MidWestOne Bank
Business Detail
Business Type
Limited Liability Company(LLC)
NAICS
623110
Borrower Location
WEST DES MOINES, IA
Project Location
WEST DES MOINES, IA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
90
Business Age Description
New Business or 2 years or less
Data Source: SBA.