BAKERIS ROOFING LC (IA) - 2020 PPP Loan Borrower Profile (# 6168447009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BAKERIS ROOFING LC. 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

6168447009

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$193,500

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$194,698.62

Date Loan was Forgiven

Nov 27, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

6,000

Payroll Proced

160,000

Rent Proceed

4,000

Health Care Proceed

23,500

Lender

Bank Iowa

Business Detail

Business Type

Subchapter S Corporation

NAICS

238160

Borrower Location

RUNNELLS, IA

Project Location

RUNNELLS, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.