5K VENTURES INC. (IA) - 2020 PPP Loan Borrower Profile (# 4483428305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 5K VENTURES 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

4483428305

SBA Office Code

0736

Processing Method

PPS

Curent Loan Amount

$130,665

Date Loan was Approved

Jan 23, 2021

Amount Forgiven

$131,445.36

Date Loan was Forgiven

Sep 9, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

130,663

Lender

Hills Bank and Trust Company

Business Detail

Business Type

Corporation

NAICS

541219

Borrower Location

Cedar Rapids, IA

Project Location

Cedar Rapids, IA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.