5M CO (IA) - 2020 PPP Loan Borrower Profile (# 8625318606)

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

8625318606

SBA Office Code

0736

Processing Method

PPS

Curent Loan Amount

$12,695

Date Loan was Approved

Mar 25, 2021

Amount Forgiven

$12,756.71

Date Loan was Forgiven

Sep 22, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

12,691

Lender

Hills Bank and Trust Company

Business Detail

Business Type

Corporation

NAICS

111998

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.