B & B PROPANE, INC. (IA) - 2020 PPP Loan Borrower Profile (# 5869037002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to B & B PROPANE, 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

5869037002

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$183,101.3

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$184,240.04

Date Loan was Forgiven

Nov 30, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

36,620.26

Payroll Proced

146,481.04

Lender

Two Rivers Bank and Trust

Business Detail

Business Type

Subchapter S Corporation

NAICS

454310

Borrower Location

HOUGHTON, IA

Project Location

HOUGHTON, IA

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.