BROWNS PARTS & SERVICE INC (IA) - 2020 PPP Loan Borrower Profile (# 4932437101)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BROWNS PARTS & SERVICE 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

4932437101

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$103,859.2

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$104,436.2

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,995.87

Payroll Proced

72,521.12

Mortgage Interest Proceed

16,775.97

Health Care Proceed

10,566.24

Lender

PCSB Bank

Business Detail

Business Type

Corporation

NAICS

811198

Borrower Location

CLARINDA, IA

Project Location

CLARINDA, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.