AEROSPACE CONTROL PRODUCTS INC (IA) - 2020 PPP Loan Borrower Profile (# 1157617101)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AEROSPACE CONTROL PRODUCTS 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

1157617101

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$163,562.9

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$165,534.74

Date Loan was Forgiven

Jun 24, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,500

Payroll Proced

134,062.9

Rent Proceed

8,000

Health Care Proceed

20,000

Lender

TBK Bank, SSB

Business Detail

Business Type

Subchapter S Corporation

NAICS

336412

Borrower Location

DAVENPORT, IA

Project Location

DAVENPORT, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.