ADVANCED BUSINESS SOLUTIONS (IA) - 2020 PPP Loan Borrower Profile (# 5181798800)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED BUSINESS SOLUTIONS. 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

5181798800

SBA Office Code

0761

Processing Method

PPS

Curent Loan Amount

$6,461

Date Loan was Approved

Apr 17, 2021

Amount Forgiven

$6,521.01

Date Loan was Forgiven

Apr 4, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

6,461

Lender

First Interstate Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

541214

Borrower Location

Mount Ayr, IA

Project Location

Mount Ayr, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.