BEN ADAMSON, INCORPORATED (IA) - 2020 PPP Loan Borrower Profile (# 7224387004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BEN ADAMSON, INCORPORATED. 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

7224387004

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$45,300

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$45,558.59

Date Loan was Forgiven

Feb 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,520

Payroll Proced

39,130

Mortgage Interest Proceed

650

Rent Proceed

4,000

Lender

Iowa State Savings Bank

Business Detail

Business Type

Corporation

NAICS

524210

Borrower Location

CRESTON, IA

Project Location

CRESTON, 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.