AKSHAYA IA CITY LLC (IA) - 2020 PPP Loan Borrower Profile (# 5400787007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AKSHAYA IA CITY LLC. 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

5400787007

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$74,700

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$75,353.62

Date Loan was Forgiven

Feb 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

7,470

Payroll Proced

56,025

Mortgage Interest Proceed

11,205

Lender

Heartland Bank and Trust Company

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

CORALVILLE, IA

Project Location

CORALVILLE, IA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.