BROWNS SALES & LEASING, INC. (IA) - 2020 PPP Loan Borrower Profile (# 5148097009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BROWNS SALES & LEASING, 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

5148097009

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$870,440

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$878,660.82

Date Loan was Forgiven

Mar 18, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

870,440

Lender

Peoples State Bank

Business Detail

Business Type

Corporation

NAICS

441110

Borrower Location

GUTTENBERG, IA

Project Location

GUTTENBERG, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.