ASPECT INC. (IA) - 2020 PPP Loan Borrower Profile (# 1619618310)

Updated on April 18, 2025.

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

1619618310

SBA Office Code

0736

Processing Method

PPS

Curent Loan Amount

$266,700

Date Loan was Approved

Jan 19, 2021

Amount Forgiven

$268,255.75

Date Loan was Forgiven

Aug 24, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

266,698

Lender

Farmers State Bank

Business Detail

Business Type

Corporation

NAICS

541310

Borrower Location

Cedar Rapids, IA

Project Location

Cedar Rapids, IA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.