AEL SUHR ENTERPRISES (IA) - 2020 PPP Loan Borrower Profile (# 8574817007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AEL SUHR ENTERPRISES. 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

8574817007

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$35,012

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$35,260.44

Date Loan was Forgiven

Dec 31, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

500

Payroll Proced

28,000

Rent Proceed

4,500

Debt Interest Proceed

2,012

Lender

Lincoln Savings Bank

Business Detail

Business Type

Corporation

NAICS

515112

Borrower Location

WAVERLY, IA

Project Location

WAVERLY, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.