BRANDT'S HOIST SERVICE (IA) - 2020 PPP Loan Borrower Profile (# 2894067107)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BRANDT'S HOIST SERVICE. 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

2894067107

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$13,300

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$13,370.93

Date Loan was Forgiven

Nov 2, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

300

Payroll Proced

10,000

Mortgage Interest Proceed

3,000

Lender

Clear Lake Bank & Trust Company

Business Detail

Business Type

Sole Proprietorship

NAICS

423830

Borrower Location

CLEAR LAKE, IA

Project Location

CLEAR LAKE, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.