BAX SALES INC. (IA) - 2020 PPP Loan Borrower Profile (# 2610037402)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BAX SALES 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

2610037402

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$80,780

Date Loan was Approved

May 6, 2020

Amount Forgiven

$81,353.21

Date Loan was Forgiven

Jan 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

5,281.12

Payroll Proced

64,624

Rent Proceed

9,276.88

Health Care Proceed

1,598

Lender

Lincoln Savings Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

493110

Borrower Location

CLIVE, IA

Project Location

CLIVE, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.