BENTON'S SAND AND GRAVEL, INC (IA) - 2020 PPP Loan Borrower Profile (# 8270937009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BENTON'S SAND AND GRAVEL, 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
8270937009
SBA Office Code
0736
Processing Method
PPP
Curent Loan Amount
$350,800
Date Loan was Approved
Apr 8, 2020
Amount Forgiven
$353,869.5
Date Loan was Forgiven
Feb 25, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
350,800
Lender
First Bank

Business Detail

Business Type
Corporation
NAICS
212312
Borrower Location
CEDAR FALLS, IA
Project Location
CEDAR FALLS, IA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
31
Business Age Description
Existing or more than 2 years old
Data Source: SBA.