ARROW TOWING, INC. (IA) - 2020 PPP Loan Borrower Profile (# 7830407008)

Updated on April 18, 2025.

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

7830407008

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$181,300

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$182,695

Date Loan was Forgiven

Jan 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

9,065

Payroll Proced

154,105

Mortgage Interest Proceed

9,065

Rent Proceed

9,065

Lender

Access Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

488410

Borrower Location

COUNCIL BLUFFS, IA

Project Location

COUNCIL BLUFFS, 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.