BALES ENTERPRISES, INC (IA) - 2020 PPP Loan Borrower Profile (# 9486287008)

Updated on April 18, 2025.

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

9486287008

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$2,500

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$2,514.66

Date Loan was Forgiven

Nov 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

2,500

Lender

Two Rivers Bank and Trust

Business Detail

Business Type

Subchapter S Corporation

NAICS

484230

Borrower Location

WEST POINT, IA

Project Location

WEST POINT, IA

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.