BLACK WIDOW MOTORSPORTS LLC (IA) - 2020 PPP Loan Borrower Profile (# 8177728704)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BLACK WIDOW MOTORSPORTS LLC. 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

8177728704

SBA Office Code

0736

Processing Method

PPS

Curent Loan Amount

$20,940

Date Loan was Approved

Apr 7, 2021

Amount Forgiven

$21,001.08

Date Loan was Forgiven

Jul 26, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

20,936

Lender

Hiawatha Bank and Trust Company

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

811111

Borrower Location

Center Point, IA

Project Location

Center Point, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.