BILLY BEARMAN (IA) - 2020 PPP Loan Borrower Profile (# 6395447303)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BILLY BEARMAN. 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

6395447303

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$20,833.32

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$20,961.79

Date Loan was Forgiven

Dec 15, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

700

Payroll Proced

19,133.32

Mortgage Interest Proceed

1,000

Lender

Luana Savings Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

484230

Borrower Location

NEW HAMPTON, IA

Project Location

NEW HAMPTON, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.