7055 INC (IA) - 2020 PPP Loan Borrower Profile (# 5055397006)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 7055 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
5055397006
SBA Office Code
0761
Processing Method
PPP
Curent Loan Amount
$42,400
Date Loan was Approved
Apr 4, 2020
Amount Forgiven
$42,802.8
Date Loan was Forgiven
Apr 1, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
42,400
Lender
Bank Midwest
Business Detail
Business Type
Corporation
NAICS
423220
Borrower Location
HARRIS, IA
Project Location
HARRIS, IA
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
8
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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