B & C AUTOMOTIVE, LLC (IA) - 2020 PPP Loan Borrower Profile (# 5519377010)

Updated on April 18, 2025.

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

5519377010

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$15,355

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$15,442.44

Date Loan was Forgiven

Nov 5, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,528

Payroll Proced

12,300

Rent Proceed

1,527

Lender

Exchange State Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

441120

Borrower Location

AMES, IA

Project Location

AMES, 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.