BRIAN R BERG FARM BUREAU INSURANCE (IA) - 2020 PPP Loan Borrower Profile (# 6098157107)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BRIAN R BERG FARM BUREAU INSURANCE. 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

6098157107

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$45,700

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$46,030.06

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

36,600

Rent Proceed

5,000

Debt Interest Proceed

4,100

Lender

Iowa State Bank and Trust Company of Fairfield, Iowa

Business Detail

Business Type

Sole Proprietorship

NAICS

524210

Borrower Location

HIAWATHA, IA

Project Location

HIAWATHA, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.