AL'S INCORPORATED (IA) - 2020 PPP Loan Borrower Profile (# 6562747003)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AL'S INCORPORATED. 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

6562747003

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$51,500

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$52,106.56

Date Loan was Forgiven

Jun 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

51,500

Lender

Central Bank

Business Detail

Business Type

Corporation

NAICS

493110

Borrower Location

STORM LAKE, IA

Project Location

STORM LAKE, IA

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.