ABODE CONSTRUCTION INC (IA) - 2020 PPP Loan Borrower Profile (# 7130287008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABODE CONSTRUCTION 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

7130287008

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$308,800

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$311,321.87

Date Loan was Forgiven

Feb 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

30,880

Payroll Proced

247,040

Rent Proceed

30,880

Lender

Farmers State Bank

Business Detail

Business Type

Corporation

NAICS

236117

Borrower Location

MARION, IA

Project Location

MARION, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Change of Ownership

Data Source: SBA.