Panama, IA PPP Loans

Summary of PPP Loans in Panama, IA

A total of 32 loans were distributed to Panama, IA leading to a reported 384 jobs being retained. Based on the data, between $2,625,781 and $5,625,781 have been loaned through the Payroll Protection Program to businesses in Panama, IA.

Loan Range	No. of Loans	Jobs Retained	Amount Loaned
$5-10M	0	0	$0 - $0	View Loans
$2-5M	1	298	$2.0M - $5.0M	View Loans
$1-2M	0	0	$0 - $0	View Loans
$350k-1M	0	0	$0 - $0	View Loans
$150k-350k	0	0	$0 - $0	View Loans
<$150k	31	86	$625.8k	View Loans
Total	32	384	$2.6M - $5.6M

Heatmap of PPP Loans by Zip Code in Panama, IA

Number of Loans Issued by Date in Panama, IA

LIST OF ALL PPP LOANS IN Panama, IA

Loan

Business

Location

Jobs Retained

Loan Approved

NAICS Description

$2-5 million

Panama Transfer Incorporated

Panama, IA 51562

298

2020-04-08

General Freight Trucking, Local

Business Name	Panama Transfer Incorporated	Loan Amount	$2-5 million
Business Address	600 LASALLE AVE	Jobs Retained	298
City, State Zip	PANAMA, IA 51562	Date Approved	2020-04-08
Business Type	Corporation	NAICS Code	484110
Race or Ethnicity	White	NAICS Description	General Freight Trucking, Local
Gender	Male Owned	NAICS Category	Transportation and Warehousing
Veteran	Non-Veteran	Lender	The Shelby County State Bank
Non-Profit		Congressional District	IA - 04

$94,304.42

Undisclosed

Panama, IA 51562

2020-04-06

Iron and Steel Pipe and Tube Man...

Business Name	Undisclosed	Loan Amount	$94,304.42
Business Address		Jobs Retained	12
City, State Zip	PANAMA, IA 51562	Date Approved	2020-04-06
Business Type	Corporation	NAICS Code	331210
Race or Ethnicity	White	NAICS Description	Iron and Steel Pipe and Tube Manufacturing from Purchased Steel
Gender	Female Owned	NAICS Category	Manufacturing
Veteran	Non-Veteran	Lender	Farmers Trust & Savings Bank
Non-Profit		Congressional District	IA - 04

$75,405.00

Undisclosed

Panama, IA 51562

2020-04-06

Direct Property and Casualty Ins...

Business Name	Undisclosed	Loan Amount	$75,405.00
Business Address		Jobs Retained	7
City, State Zip	PANAMA, IA 51562	Date Approved	2020-04-06
Business Type	Corporation	NAICS Code	524126
Race or Ethnicity	White	NAICS Description	Direct Property and Casualty Insurance Carriers
Gender	Male Owned	NAICS Category	Finance and Insurance
Veteran	Non-Veteran	Lender	Farmers Trust & Savings Bank
Non-Profit		Congressional District	IA - 04

$46,679.57

Undisclosed

Panama, IA 51562

2020-04-06

General Automotive Repair

Business Name	Undisclosed	Loan Amount	$46,679.57
Business Address		Jobs Retained	5
City, State Zip	PANAMA, IA 51562	Date Approved	2020-04-06
Business Type	Corporation	NAICS Code	811111
Race or Ethnicity	White	NAICS Description	General Automotive Repair
Gender	Male Owned	NAICS Category	Other Services (except Public Administration)
Veteran	Non-Veteran	Lender	Farmers Trust & Savings Bank
Non-Profit		Congressional District	IA - 04

$41,600.00

Undisclosed

Panama, IA 51562

2020-04-28

All Other Grain Farming

Business Name	Undisclosed	Loan Amount	$41,600.00
Business Address		Jobs Retained	2
City, State Zip	PANAMA, IA 51562	Date Approved	2020-04-28
Business Type	Corporation	NAICS Code	111199
Race or Ethnicity	Unanswered	NAICS Description	All Other Grain Farming
Gender	Unanswered	NAICS Category	Agriculture, Forestry, Fishing and Hunting
Veteran	Unanswered	Lender	The Shelby County State Bank
Non-Profit		Congressional District	IA - 04

$35,600.00

Undisclosed

Panama, IA 51562

2020-04-28

Soybean Farming

Business Name	Undisclosed	Loan Amount	$35,600.00
Business Address		Jobs Retained	2
City, State Zip	PANAMA, IA 51562	Date Approved	2020-04-28
Business Type	Sole Proprietorship	NAICS Code	111110
Race or Ethnicity	Unanswered	NAICS Description	Soybean Farming
Gender	Unanswered	NAICS Category	Agriculture, Forestry, Fishing and Hunting
Veteran	Unanswered	Lender	United Bank of Iowa
Non-Profit		Congressional District	IA - 04

$30,300.00

Undisclosed

Panama, IA 51562

2020-04-06

Finish Carpentry Contractors

Business Name	Undisclosed	Loan Amount	$30,300.00
Business Address		Jobs Retained	5
City, State Zip	PANAMA, IA 51562	Date Approved	2020-04-06
Business Type	Limited Liability Company(LLC)	NAICS Code	238350
Race or Ethnicity	Unanswered	NAICS Description	Finish Carpentry Contractors
Gender	Unanswered	NAICS Category	Construction
Veteran	Unanswered	Lender	The Shelby County State Bank
Non-Profit		Congressional District	IA - 04

$30,000.00

Undisclosed

Panama, IA 51562

2020-06-08

Corn Farming

Business Name	Undisclosed	Loan Amount	$30,000.00
Business Address		Jobs Retained	0
City, State Zip	PANAMA, IA 51562	Date Approved	2020-06-08
Business Type	Partnership	NAICS Code	111150
Race or Ethnicity	Unanswered	NAICS Description	Corn Farming
Gender	Unanswered	NAICS Category	Agriculture, Forestry, Fishing and Hunting
Veteran	Unanswered	Lender	Farm Credit Services of America, ACA
Non-Profit		Congressional District	IA - 04

$25,500.00

Undisclosed

Panama, IA 51562

2020-04-07

Commercial and Industrial Machin...

Business Name	Undisclosed	Loan Amount	$25,500.00
Business Address		Jobs Retained	6
City, State Zip	PANAMA, IA 51562	Date Approved	2020-04-07
Business Type	Limited Liability Company(LLC)	NAICS Code	811310
Race or Ethnicity	Unanswered	NAICS Description	Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
Gender	Unanswered	NAICS Category	Other Services (except Public Administration)
Veteran	Unanswered	Lender	The Shelby County State Bank
Non-Profit		Congressional District	IA - 04

$20,832.00

Undisclosed

Panama, IA 51562

2020-04-27

Corn Farming

Business Name	Undisclosed	Loan Amount	$20,832.00
Business Address		Jobs Retained	1
City, State Zip	PANAMA, IA 51562	Date Approved	2020-04-27
Business Type	Self-Employed Individuals	NAICS Code	111150
Race or Ethnicity	Unanswered	NAICS Description	Corn Farming
Gender	Male Owned	NAICS Category	Agriculture, Forestry, Fishing and Hunting
Veteran	Non-Veteran	Lender	Logan State Bank
Non-Profit		Congressional District	IA - 04

$20,830.00

Undisclosed

Panama, IA 51562

2020-06-09

All Other Grain Farming

Business Name	Undisclosed	Loan Amount	$20,830.00
Business Address		Jobs Retained	1
City, State Zip	PANAMA, IA 51562	Date Approved	2020-06-09
Business Type	Sole Proprietorship	NAICS Code	111199
Race or Ethnicity	Unanswered	NAICS Description	All Other Grain Farming
Gender	Unanswered	NAICS Category	Agriculture, Forestry, Fishing and Hunting
Veteran	Unanswered	Lender	The Shelby County State Bank
Non-Profit		Congressional District	IA - 04

$20,800.00

Undisclosed

Panama, IA 51562

2020-04-10

All Other Grain Farming

Business Name	Undisclosed	Loan Amount	$20,800.00
Business Address		Jobs Retained	1
City, State Zip	PANAMA, IA 51562	Date Approved	2020-04-10
Business Type	Self-Employed Individuals	NAICS Code	111199
Race or Ethnicity	White	NAICS Description	All Other Grain Farming
Gender	Female Owned	NAICS Category	Agriculture, Forestry, Fishing and Hunting
Veteran	Unanswered	Lender	The Shelby County State Bank
Non-Profit		Congressional District	IA - 04

$20,800.00

Undisclosed

Panama, IA 51562

2020-05-15

All Other Grain Farming

Business Name	Undisclosed	Loan Amount	$20,800.00
Business Address		Jobs Retained	1
City, State Zip	PANAMA, IA 51562	Date Approved	2020-05-15
Business Type	Sole Proprietorship	NAICS Code	111199
Race or Ethnicity	White	NAICS Description	All Other Grain Farming
Gender	Female Owned	NAICS Category	Agriculture, Forestry, Fishing and Hunting
Veteran	Non-Veteran	Lender	The Shelby County State Bank
Non-Profit		Congressional District	IA - 04

$20,200.00

Undisclosed

Panama, IA 51562

2020-04-06

Supermarkets and Other Grocery (...

Business Name	Undisclosed	Loan Amount	$20,200.00
Business Address		Jobs Retained	9
City, State Zip	PANAMA, IA 51562	Date Approved	2020-04-06
Business Type	Corporation	NAICS Code	445110
Race or Ethnicity	Unanswered	NAICS Description	Supermarkets and Other Grocery (except Convenience) Stores
Gender	Unanswered	NAICS Category	Retail Trade
Veteran	Unanswered	Lender	The Shelby County State Bank
Non-Profit		Congressional District	IA - 04

$20,000.00

Undisclosed

Panama, IA 51562

2020-04-04

Geophysical Surveying and Mappin...

Business Name	Undisclosed	Loan Amount	$20,000.00
Business Address		Jobs Retained	3
City, State Zip	PANAMA, IA 51562	Date Approved	2020-04-04
Business Type	Corporation	NAICS Code	541360
Race or Ethnicity	Unanswered	NAICS Description	Geophysical Surveying and Mapping Services
Gender	Unanswered	NAICS Category	Professional, Scientific, and Technical Services
Veteran	Unanswered	Lender	United Bank of Iowa
Non-Profit		Congressional District	IA - 04

$15,600.00

Undisclosed

Panama, IA 51562

2020-04-06

All Other Grain Farming

Business Name	Undisclosed	Loan Amount	$15,600.00
Business Address		Jobs Retained	6
City, State Zip	PANAMA, IA 51562	Date Approved	2020-04-06
Business Type	Corporation	NAICS Code	111199
Race or Ethnicity	White	NAICS Description	All Other Grain Farming
Gender	Male Owned	NAICS Category	Agriculture, Forestry, Fishing and Hunting
Veteran	Unanswered	Lender	The Shelby County State Bank
Non-Profit		Congressional District	IA - 04

$15,500.00

Undisclosed

Panama, IA 51562

2020-04-06

Drinking Places (Alcoholic Bever...

Business Name	Undisclosed	Loan Amount	$15,500.00
Business Address		Jobs Retained	8
City, State Zip	PANAMA, IA 51562	Date Approved	2020-04-06
Business Type	Corporation	NAICS Code	722410
Race or Ethnicity	Unanswered	NAICS Description	Drinking Places (Alcoholic Beverages)
Gender	Unanswered	NAICS Category	Accommodation and Food Services
Veteran	Unanswered	Lender	The Shelby County State Bank
Non-Profit		Congressional District	IA - 04

$13,000.00

Undisclosed

Panama, IA 51562

2020-06-01

General Automotive Repair

Business Name	Undisclosed	Loan Amount	$13,000.00
Business Address		Jobs Retained	2
City, State Zip	PANAMA, IA 51562	Date Approved	2020-06-01
Business Type	Limited Liability Company(LLC)	NAICS Code	811111
Race or Ethnicity	Unanswered	NAICS Description	General Automotive Repair
Gender	Unanswered	NAICS Category	Other Services (except Public Administration)
Veteran	Unanswered	Lender	United Bank of Iowa
Non-Profit		Congressional District	IA - 04

$9,994.80

Undisclosed

Panama, IA 51562

2020-05-11

Plumbing, Heating, and Air-Condi...

Business Name	Undisclosed	Loan Amount	$9,994.80
Business Address		Jobs Retained	1
City, State Zip	PANAMA, IA 51562	Date Approved	2020-05-11
Business Type	Sole Proprietorship	NAICS Code	238220
Race or Ethnicity	Unanswered	NAICS Description	Plumbing, Heating, and Air-Conditioning Contractors
Gender	Male Owned	NAICS Category	Construction
Veteran	Unanswered	Lender	Farmers Trust & Savings Bank
Non-Profit		Congressional District	IA - 04

$9,800.00

Undisclosed

Panama, IA 51562

2020-04-28

All Other Grain Farming

Business Name	Undisclosed	Loan Amount	$9,800.00
Business Address		Jobs Retained	1
City, State Zip	PANAMA, IA 51562	Date Approved	2020-04-28
Business Type	Sole Proprietorship	NAICS Code	111199
Race or Ethnicity	Unanswered	NAICS Description	All Other Grain Farming
Gender	Unanswered	NAICS Category	Agriculture, Forestry, Fishing and Hunting
Veteran	Unanswered	Lender	The Shelby County State Bank
Non-Profit		Congressional District	IA - 04

$8,600.00

Undisclosed

Panama, IA 51562

2020-05-13

All Other Grain Farming

Business Name	Undisclosed	Loan Amount	$8,600.00
Business Address		Jobs Retained	1
City, State Zip	PANAMA, IA 51562	Date Approved	2020-05-13
Business Type	Sole Proprietorship	NAICS Code	111199
Race or Ethnicity	Unanswered	NAICS Description	All Other Grain Farming
Gender	Unanswered	NAICS Category	Agriculture, Forestry, Fishing and Hunting
Veteran	Unanswered	Lender	The Shelby County State Bank
Non-Profit		Congressional District	IA - 04

$6,832.50

Undisclosed

Panama, IA 51562

2020-04-28

Oilseed and Grain Combination Fa...

Business Name	Undisclosed	Loan Amount	$6,832.50
Business Address		Jobs Retained	1
City, State Zip	PANAMA, IA 51562	Date Approved	2020-04-28
Business Type	Sole Proprietorship	NAICS Code	111191
Race or Ethnicity	Unanswered	NAICS Description	Oilseed and Grain Combination Farming
Gender	Male Owned	NAICS Category	Agriculture, Forestry, Fishing and Hunting
Veteran	Unanswered	Lender	Farmers Trust & Savings Bank
Non-Profit		Congressional District	IA - 04

$6,500.00

Undisclosed

Panama, IA 51562

2020-05-14

All Other Grain Farming

Business Name	Undisclosed	Loan Amount	$6,500.00
Business Address		Jobs Retained	1
City, State Zip	PANAMA, IA 51562	Date Approved	2020-05-14
Business Type	Sole Proprietorship	NAICS Code	111199
Race or Ethnicity	Unanswered	NAICS Description	All Other Grain Farming
Gender	Unanswered	NAICS Category	Agriculture, Forestry, Fishing and Hunting
Veteran	Unanswered	Lender	The Shelby County State Bank
Non-Profit		Congressional District	IA - 04

$6,200.00

Undisclosed

Panama, IA 51562

2020-04-14

All Other Grain Farming

Business Name	Undisclosed	Loan Amount	$6,200.00
Business Address		Jobs Retained	1
City, State Zip	PANAMA, IA 51562	Date Approved	2020-04-14
Business Type	Self-Employed Individuals	NAICS Code	111199
Race or Ethnicity	Unanswered	NAICS Description	All Other Grain Farming
Gender	Unanswered	NAICS Category	Agriculture, Forestry, Fishing and Hunting
Veteran	Unanswered	Lender	The Shelby County State Bank
Non-Profit		Congressional District	IA - 04

$5,900.00

Undisclosed

Panama, IA 51562

2020-05-13

All Other Grain Farming

Business Name	Undisclosed	Loan Amount	$5,900.00
Business Address		Jobs Retained	1
City, State Zip	PANAMA, IA 51562	Date Approved	2020-05-13
Business Type	Sole Proprietorship	NAICS Code	111199
Race or Ethnicity	Unanswered	NAICS Description	All Other Grain Farming
Gender	Unanswered	NAICS Category	Agriculture, Forestry, Fishing and Hunting
Veteran	Unanswered	Lender	The Shelby County State Bank
Non-Profit		Congressional District	IA - 04

$5,878.00

Undisclosed

Panama, IA 51562

2020-04-11

General Freight Trucking, Local

Business Name	Undisclosed	Loan Amount	$5,878.00
Business Address		Jobs Retained	1
City, State Zip	PANAMA, IA 51562	Date Approved	2020-04-11
Business Type	Limited Liability Company(LLC)	NAICS Code	484110
Race or Ethnicity	Unanswered	NAICS Description	General Freight Trucking, Local
Gender	Male Owned	NAICS Category	Transportation and Warehousing
Veteran	Unanswered	Lender	Farmers Trust & Savings Bank
Non-Profit		Congressional District	IA - 04

$4,100.00

Undisclosed

Panama, IA 51562

2020-04-15

Child Day Care Services

Business Name	Undisclosed	Loan Amount	$4,100.00
Business Address		Jobs Retained	1
City, State Zip	PANAMA, IA 51562	Date Approved	2020-04-15
Business Type	Sole Proprietorship	NAICS Code	624410
Race or Ethnicity	Unanswered	NAICS Description	Child Day Care Services
Gender	Unanswered	NAICS Category	Health Care and Social Assistance
Veteran	Unanswered	Lender	The Shelby County State Bank
Non-Profit		Congressional District	IA - 04

$3,300.00

Undisclosed

Panama, IA 51562

2020-04-10

All Other Grain Farming

Business Name	Undisclosed	Loan Amount	$3,300.00
Business Address		Jobs Retained	2
City, State Zip	PANAMA, IA 51562	Date Approved	2020-04-10
Business Type	Self-Employed Individuals	NAICS Code	111199
Race or Ethnicity	White	NAICS Description	All Other Grain Farming
Gender	Male Owned	NAICS Category	Agriculture, Forestry, Fishing and Hunting
Veteran	Unanswered	Lender	The Shelby County State Bank
Non-Profit		Congressional District	IA - 04

$3,227.00

Undisclosed

Panama, IA 51562

2020-04-28

Corn Farming

Business Name	Undisclosed	Loan Amount	$3,227.00
Business Address		Jobs Retained	1
City, State Zip	PANAMA, IA 51562	Date Approved	2020-04-28
Business Type	Sole Proprietorship	NAICS Code	111150
Race or Ethnicity	White	NAICS Description	Corn Farming
Gender	Male Owned	NAICS Category	Agriculture, Forestry, Fishing and Hunting
Veteran	Non-Veteran	Lender	Farmers Trust & Savings Bank
Non-Profit		Congressional District	IA - 04

$3,187.92

Undisclosed

Panama, IA 51562

2020-05-12

Corn Farming

Business Name	Undisclosed	Loan Amount	$3,187.92
Business Address		Jobs Retained	1
City, State Zip	PANAMA, IA 51562	Date Approved	2020-05-12
Business Type	Sole Proprietorship	NAICS Code	111150
Race or Ethnicity	White	NAICS Description	Corn Farming
Gender	Male Owned	NAICS Category	Agriculture, Forestry, Fishing and Hunting
Veteran	Non-Veteran	Lender	Farmers Trust & Savings Bank
Non-Profit		Congressional District	IA - 04

$2,900.00

Undisclosed

Panama, IA 51562

2020-05-19

Farm Supplies Merchant Wholesale...

Business Name	Undisclosed	Loan Amount	$2,900.00
Business Address		Jobs Retained	1
City, State Zip	PANAMA, IA 51562	Date Approved	2020-05-19
Business Type	Sole Proprietorship	NAICS Code	424910
Race or Ethnicity	Unanswered	NAICS Description	Farm Supplies Merchant Wholesalers
Gender	Unanswered	NAICS Category	Wholesale Trade
Veteran	Unanswered	Lender	The Shelby County State Bank
Non-Profit		Congressional District	IA - 04

$2,410.00

Undisclosed

Panama, IA 51562

2020-05-13

All Other Grain Farming

Business Name	Undisclosed	Loan Amount	$2,410.00
Business Address		Jobs Retained	1
City, State Zip	PANAMA, IA 51562	Date Approved	2020-05-13
Business Type	Self-Employed Individuals	NAICS Code	111199
Race or Ethnicity	White	NAICS Description	All Other Grain Farming
Gender	Male Owned	NAICS Category	Agriculture, Forestry, Fishing and Hunting
Veteran	Unanswered	Lender	The Shelby County State Bank
Non-Profit		Congressional District	IA - 04

View All Panama, IA PPP Loans

Summary of PPP Loans for all Nearby Cities

County	No. of Loans	Jobs Retained	Amount Loaned
Arion, IA	11	20	$107.4k - $107.4k
Defiance, IA	26	124	$1.0M - $2.1M
Dow City, IA	24	63	$660k - $660k
Dunlap, IA	82	289	$2.4M - $3.9M
Earling, IA	46	75	$527k - $527k
Harlan, IA	247	1,965	$12.3M - $21.9M
Irwin, IA	13	60	$375.2k - $575.2k
Kirkman, IA	6	69	$406.7k - $1.1M
Logan, IA	77	310	$2.8M - $4.6M
Manilla, IA	58	125	$875.4k - $1.1M
Minden, IA	1	24	$350k - $1,000k
Panama, IA	32	384	$2.6M - $5.6M
Persia, IA	23	28	$189.3k - $189.3k
Portsmouth, IA	23	35	$256.6k - $256.6k
Shelby, IA	1	13	$150k - $350k
Tennant, IA	4	6	$24.7k - $24.7k
Westphalia, IA	3	12	$111k - $111k
Woodbine, IA	62	451	$3.0M - $5.5M

Summary of PPP Loans by Zip Code within Panama, IA

Zip Code	No. of Loans	Jobs Retained	Amount Loaned
51562	32	384	$2.6M - $5.6M

All PPP Loans in Panama, IA

LIST OF ALL PPP LOANS IN Panama, IA