AUS, INC (IA) - 2020 PPP Loan Borrower Profile (# 1054217205)

Updated on April 18, 2025.

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

1054217205

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$285,000

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$287,375

Date Loan was Forgiven

Feb 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

285,000

Lender

Farmers State Bank

Business Detail

Business Type

Cooperative

NAICS

238910

Borrower Location

DES MOINES, IA

Project Location

DES MOINES, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.