AERON ADVANCED MANUFACTURING, L.L.C. (IA) - 2020 PPP Loan Borrower Profile (# 9611007005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AERON ADVANCED MANUFACTURING, L.L.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

9611007005

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$299,552

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$301,798.64

Date Loan was Forgiven

Jan 13, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

19,970

Payroll Proced

239,642

Mortgage Interest Proceed

19,970

Debt Interest Proceed

19,970

Lender

MidWestOne Bank

Business Detail

Business Type

Corporation

NAICS

325611

Borrower Location

MASON CITY, IA

Project Location

MASON CITY, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.