AJ NAILS (IA) - 2020 PPP Loan Borrower Profile (# 4600967405)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AJ NAILS. 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

4600967405

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$50,548

Date Loan was Approved

May 10, 2020

Amount Forgiven

$51,082.56

Date Loan was Forgiven

Jun 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

6,318.5

Payroll Proced

37,911

Rent Proceed

6,318.5

Lender

Celtic Bank Corporation

Business Detail

Business Type

Subchapter S Corporation

NAICS

812990

Borrower Location

Ottumwa, IA

Project Location

Ottumwa, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.