BIO-MASS RENEWABLE TECHNOLOGIES INC (IA) - 2020 PPP Loan Borrower Profile (# 3280697402)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BIO-MASS RENEWABLE TECHNOLOGIES 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

3280697402

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$33,925

Date Loan was Approved

May 7, 2020

Amount Forgiven

$34,327.45

Date Loan was Forgiven

Jul 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

4,240.62

Payroll Proced

25,443.76

Rent Proceed

4,240.62

Lender

Celtic Bank Corporation

Business Detail

Business Type

Corporation

NAICS

111998

Borrower Location

Ladora, IA

Project Location

Ladora, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.