BEDFORD BUILDING SUPPLY, INC. (IA) - 2020 PPP Loan Borrower Profile (# 7258147000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BEDFORD BUILDING SUPPLY, 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

7258147000

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$22,970.42

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$23,089.99

Date Loan was Forgiven

Oct 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,297.04

Payroll Proced

17,227.82

Mortgage Interest Proceed

3,445.56

Lender

State Savings Bank

Business Detail

Business Type

Corporation

NAICS

423390

Borrower Location

BEDFORD, IA

Project Location

BEDFORD, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.