ABOLT INC (IA) - 2020 PPP Loan Borrower Profile (# 2639388304)

Updated on April 18, 2025.

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

2639388304

SBA Office Code

0736

Processing Method

PPS

Curent Loan Amount

$109,899.47

Date Loan was Approved

Jan 21, 2021

Amount Forgiven

$110,366.17

Date Loan was Forgiven

Jul 2, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

109,899.47

Lender

Two Rivers Bank and Trust

Business Detail

Business Type

Corporation

NAICS

238110

Borrower Location

Fort Madison, IA

Project Location

Fort Madison, IA

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.