BOWE MACHINE COMPANY (IA) - 2020 PPP Loan Borrower Profile (# 9919947001)

Updated on April 18, 2025.

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

9919947001

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$1,130,255

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$1,139,014.48

Date Loan was Forgiven

Jan 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

169,056

Payroll Proced

847,691

Health Care Proceed

113,508

Lender

TBK Bank, SSB

Business Detail

Business Type

Corporation

NAICS

333517

Borrower Location

BETTENDORF, IA

Project Location

BETTENDORF, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.