BAUMAN'S STATE FARM INSURANCE (IA) - 2020 PPP Loan Borrower Profile (# 3307527300)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BAUMAN'S STATE FARM INSURANCE. 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

3307527300

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$31,022

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$31,189.17

Date Loan was Forgiven

Nov 12, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

31,022

Lender

South Ottumwa Savings Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

524210

Borrower Location

OTTUMWA, IA

Project Location

OTTUMWA, IA

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.