BOSWELL BROTHERS ELEVATOR, INC. (IA) - 2020 PPP Loan Borrower Profile (# 8320597002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BOSWELL BROTHERS ELEVATOR, 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

8320597002

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$54,427.5

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$54,698.13

Date Loan was Forgiven

Oct 13, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

54,427.5

Lender

BTC Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

493130

Borrower Location

DAVIS CITY, IA

Project Location

DAVIS CITY, IA

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.