BB FARMS, INC (IA) - 2020 PPP Loan Borrower Profile (# 5025207408)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BB FARMS, 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

5025207408

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$16,000

Date Loan was Approved

May 11, 2020

Amount Forgiven

$16,196

Date Loan was Forgiven

Jul 29, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

16,000

Lender

Farmers State Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

111110

Borrower Location

ALGONA, IA

Project Location

ALGONA, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.