BORMANN RED ANGUS LLC (IA) - 2020 PPP Loan Borrower Profile (# 1383617110)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BORMANN RED ANGUS 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

1383617110

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$9,819.2

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$9,934.3

Date Loan was Forgiven

Jun 17, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

9,819.2

Lender

Security State Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

112112

Borrower Location

LIVERMORE, IA

Project Location

LIVERMORE, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.