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PPP Loans in ZIP Code 50005

42 loans worth $1.4M went to borrowers in 50005 (Albion, IA) in 2020 and 2021.

Loans
42
Program ran 2020 to 2021
Total approved
$1.4M
Average $33,680
Jobs reported
139
Forgiven
$1.4M
101% of approved

PPP loans in 50005

Largest first (42 loans)

BorrowerLoanJobsForgivenApproved
Raymon Enterprises INC.Manufacturing$779K83$784KForgiven on 12/08/202004/06/2020
Sole proprietorAgriculture, forestry and fishing · Second draw$39.7K1$39.8KForgiven on 06/29/202103/13/2021
Steelsmith Properties LLCReal estate and rental$25.5K5$25.7KForgiven on 01/20/202104/09/2020
Steelsmith Investments LLCReal estate and rental$22.1K1$22.2KForgiven on 01/11/202104/09/2020
Sole proprietorAgriculture, forestry and fishing$20.8K1$20.9KForgiven on 06/14/202101/17/2021
Sole proprietorAgriculture, forestry and fishing$20.8K1$20.9KForgiven on 07/12/202102/02/2021
Sole proprietorAgriculture, forestry and fishing$20.8K1$21KForgiven on 01/26/202201/17/2021
Young Excavating LLCConstruction$20.8K1$21.1KForgiven on 05/05/202203/27/2021
Sole proprietorAgriculture, forestry and fishing · Second draw$20.8K1$20.9KForgiven on 08/09/202103/30/2021
Sole proprietorAgriculture, forestry and fishing$20.8K1$20.9KForgiven on 06/14/202101/21/2021
Sole proprietorAgriculture, forestry and fishing$20.8K1$20.9KForgiven on 06/15/202101/21/2021
Sole proprietorAgriculture, forestry and fishing · Second draw$20.8K1$20.9KForgiven on 10/20/202104/01/2021
Sole proprietorAgriculture, forestry and fishing$20.8K1$20.9KForgiven on 07/12/202102/09/2021
Self-employed individualAgriculture, forestry and fishing$20.8K1$21KForgiven on 12/15/202102/03/2021
Sole proprietorAgriculture, forestry and fishing$20.8K1$21KForgiven on 11/26/202102/06/2021
Self-employed individualAgriculture, forestry and fishing$20.8K1$20.9KForgiven on 06/23/202101/31/2021
Sole proprietorAgriculture, forestry and fishing$20.8K1$21KForgiven on 11/03/202101/20/2021
Sole proprietorAgriculture, forestry and fishing · Second draw$20.8K1$21KForgiven on 11/05/202103/31/2021
Sole proprietorAgriculture, forestry and fishing · Second draw$20.8K1$21KForgiven on 11/26/202104/06/2021
Steelsmith Industries, LLCAccommodation and food services$19.1K4$19.3KForgiven on 04/21/202104/10/2020
Sole proprietorAgriculture, forestry and fishing$18.8K4$18.9KForgiven on 11/02/202004/28/2020
Sole proprietorConstruction · Second draw$18.8K3$18.8KForgiven on 08/18/202104/28/2021
Sole proprietorConstruction$18.8K3$18.9KForgiven on 06/25/202101/25/2021
Mossman Roofing, INC.Construction$17.3K2$17.4KForgiven on 01/07/202104/15/2020
Pm Farms INCAgriculture, forestry and fishing · Second draw$15.6K1$15.8KForgiven on 02/09/202202/25/2021
Pm Farms INCAgriculture, forestry and fishing$15.6K1$15.7KForgiven on 12/09/202005/13/2020
Sole proprietorConstruction$13.8K1$13.8KForgiven on 07/07/202104/14/2021
Sole proprietorConstruction$10.8K1$10.9KForgiven on 10/13/202104/23/2021
Independent contractorOther services$10.8K1$10.9KForgiven on 12/15/202004/30/2020
Sole proprietorAgriculture, forestry and fishing$9,2371$9,277Forgiven on 07/06/202101/21/2021
Sole proprietorAgriculture, forestry and fishing · Second draw$9,0001$9,021Forgiven on 06/23/202103/27/2021
Sole proprietorAgriculture, forestry and fishing$9,0001$9,036Forgiven on 06/23/202101/27/2021
Sole proprietorConstruction$8,7601$8,788Forgiven on 07/07/202103/09/2021
Sole proprietorOther services$8,0391$8,074Forgiven on 07/06/202101/21/2021
Russell Pump & Engineering, INC.Manufacturing$7,5001$7,540Forgiven on 11/23/202004/28/2020
Sole proprietorAgriculture, forestry and fishing$7,4971$7,532Forgiven on 09/07/202103/12/2021
Sole proprietorOther services · Second draw$6,5001$6,515Forgiven on 06/23/202103/27/2021
Self-employed individualHealth care and social assistance · Second draw$2,6441$2,651Forgiven on 08/11/202104/27/2021
Self-employed individualHealth care and social assistance$2,6441$2,652Forgiven on 08/11/202103/23/2021
Sole proprietorOther services$2,2001$2,209Forgiven on 06/23/202101/27/2021
Sole proprietorAgriculture, forestry and fishing$1,8401$1,843Forgiven on 06/14/202103/27/2021
Self-employed individualConstruction$1,2001$1,203Forgiven on 07/07/202104/07/2021

Names of sole proprietors, self-employed individuals and independent contractors are not shown. Street addresses are not shown for any borrower.

Frequently asked questions

How many PPP loans went to businesses in ZIP code 50005?
Lenders approved 42 PPP loans worth $1,414,548 for borrowers in 50005, an average of $33,680.
What was the largest PPP loan in 50005?
The largest was $779,200 to Raymon Enterprises INC., which reported 83 jobs.