BREEDING HARDWARE INC. (IA) - 2020 PPP Loan Borrower Profile (# 5780207009)

Updated on April 18, 2025.

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

5780207009

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$108,800

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$109,479.63

Date Loan was Forgiven

Nov 24, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

108,800

Lender

Farmers and Merchants State Bank

Business Detail

Business Type

Corporation

NAICS

444130

Borrower Location

WINTERSET, IA

Project Location

WINTERSET, 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.