51632 LLC (IA) - 2020 PPP Loan Borrower Profile (# 5215068400)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 51632 LLC. 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

5215068400

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$162,095

Date Loan was Approved

Feb 8, 2021

Amount Forgiven

$163,031.55

Date Loan was Forgiven

Sep 14, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

Payroll Proced

162,092

Lender

Midstates Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

Clarinda, IA

Project Location

Clarinda, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.