A&C TAX & BOOKKEEPING INC (IA) - 2020 PPP Loan Borrower Profile (# 5151497001)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A&C TAX & BOOKKEEPING 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

5151497001

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$190,000

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$191,277.22

Date Loan was Forgiven

Dec 14, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,680

Payroll Proced

171,576

Rent Proceed

14,364

Debt Interest Proceed

1,380

Lender

Northwest Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

541219

Borrower Location

WEST DES MOINES, IA

Project Location

WEST DES MOINES, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.