BLUMER EXCAVATING COMPANY (IA) - 2020 PPP Loan Borrower Profile (# 9701307103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BLUMER EXCAVATING COMPANY. 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
9701307103
SBA Office Code
0761
Processing Method
PPP
Curent Loan Amount
$30,000
Date Loan was Approved
Apr 15, 2020
Amount Forgiven
$30,278.33
Date Loan was Forgiven
Mar 25, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
30,000
Lender
First Citizens Bank

Business Detail

Business Type
Limited Liability Company(LLC)
NAICS
212399
Borrower Location
OSAGE, IA
Project Location
OSAGE, IA
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
3
Business Age Description
Existing or more than 2 years old
Data Source: SBA.