BIG ACAI CORP (IA) - 2020 PPP Loan Borrower Profile (# 1589318301)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BIG ACAI CORP. 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

1589318301

SBA Office Code

0761

Processing Method

PPS

Curent Loan Amount

$98,493

Date Loan was Approved

Jan 19, 2021

Amount Forgiven

$99,097.45

Date Loan was Forgiven

Sep 13, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

98,491

Lender

Iowa State Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

722511

Borrower Location

West Des Moines, IA

Project Location

West Des Moines, IA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.