BRIGHT CUTS LLC (IA) - 2020 PPP Loan Borrower Profile (# 7223088405)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BRIGHT CUTS LLC. 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

7223088405

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$5,475

Date Loan was Approved

Feb 11, 2021

Amount Forgiven

$5,556.97

Date Loan was Forgiven

Aug 10, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

5,472

Lender

BMO Bank National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

812112

Borrower Location

Des Moines, IA

Project Location

Des Moines, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.