BLUE GRASS ENTERPRISES, INC (IA) - 2020 PPP Loan Borrower Profile (# 4958047002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BLUE GRASS ENTERPRISES, 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
4958047002
SBA Office Code
0736
Processing Method
PPP
Curent Loan Amount
$127,700
Date Loan was Approved
Apr 4, 2020
Amount Forgiven
$128,416.54
Date Loan was Forgiven
Nov 3, 2020
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
127,700
Lender
Farmers State Bank

Business Detail

Business Type
Corporation
NAICS
111421
Borrower Location
ALBURNETT, IA
Project Location
ALBURNETT, IA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
10
Business Age Description
Existing or more than 2 years old
Data Source: SBA.