BATES SANITATION & ASPHALT INC. (IA) - 2020 PPP Loan Borrower Profile (# 1247348310)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BATES SANITATION & ASPHALT 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

1247348310

SBA Office Code

0736

Processing Method

PPS

Curent Loan Amount

$75,500

Date Loan was Approved

Jan 16, 2021

Amount Forgiven

$75,871.21

Date Loan was Forgiven

Jul 23, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

75,496

Lender

Pilot Grove Savings Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

324121

Borrower Location

Fort Madison, IA

Project Location

Fort Madison, 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.