5M CO (IA) - 2020 PPP Loan Borrower Profile (# 5364307103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 5M CO. 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

5364307103

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$11,000

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$11,070.28

Date Loan was Forgiven

Dec 10, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

11,000

Lender

Hills Bank and Trust Company

Business Detail

Business Type

Corporation

NAICS

115116

Borrower Location

WELLMAN, IA

Project Location

WELLMAN, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.