ABILITY PHYSICAL THERAPY P.C. (IA) - 2020 PPP Loan Borrower Profile (# 6766917008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABILITY PHYSICAL THERAPY P.C.. 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
6766917008
SBA Office Code
0736
Processing Method
PPP
Curent Loan Amount
$308,300
Date Loan was Approved
Apr 7, 2020
Amount Forgiven
$310,732.14
Date Loan was Forgiven
Jan 20, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
308,300
Lender
Bridge Community Bank

Business Detail

Business Type
Subchapter S Corporation
NAICS
621340
Borrower Location
Mount Vernon, IA
Project Location
Mount Vernon, IA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
38
Business Age Description
Existing or more than 2 years old
Data Source: SBA.