AG LAND IMPLEMENT INC. (IA) - 2020 PPP Loan Borrower Profile (# 5419197007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AG LAND IMPLEMENT 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

5419197007

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$129,500

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$130,309.38

Date Loan was Forgiven

Nov 27, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

5,711

Payroll Proced

105,789

Rent Proceed

18,000

Lender

Bank Iowa

Business Detail

Business Type

Corporation

NAICS

423820

Borrower Location

NEW HAMPTON, IA

Project Location

NEW HAMPTON, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.