BMAT INC. (IA) - 2020 PPP Loan Borrower Profile (# 7258828402)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BMAT 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

7258828402

SBA Office Code

0736

Processing Method

PPS

Curent Loan Amount

$43,000

Date Loan was Approved

Feb 11, 2021

Amount Forgiven

$43,172

Date Loan was Forgiven

Jul 14, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

42,998

Lender

Connection Bank

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

Fort Madison, IA

Project Location

Fort Madison, IA

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.