BI-STATE MUFFLER & BRAKES INC (IA) - 2020 PPP Loan Borrower Profile (# 2658137102)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BI-STATE MUFFLER & BRAKES 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

2658137102

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$43,662.5

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$44,062.74

Date Loan was Forgiven

Mar 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

43,662.5

Lender

CBI Bank & Trust

Business Detail

Business Type

Subchapter S Corporation

NAICS

811112

Borrower Location

DAVENPORT, IA

Project Location

DAVENPORT, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.