BACHMAN TOOL & DIE, CO. (IA) - 2020 PPP Loan Borrower Profile (# 6443247003)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BACHMAN TOOL & DIE, CO.. 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

6443247003

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$391,723

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$394,105.98

Date Loan was Forgiven

Nov 20, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

391,723

Lender

BankIowa

Business Detail

Business Type

Corporation

NAICS

333517

Borrower Location

INDEPENDENCE, IA

Project Location

INDEPENDENCE, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.