Maa Ambe INC

$50,000 PPP Loan in Ames, Iowa

Loan Details

Loan Number
1364577203
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$50,000
Current Approval
$50,000
Forgiveness Amount
$50,363
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Maa Ambe INC
Address
229 S Duff Ave
City
Ames
State
Iowa
ZIP Code
50010-6641
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Days Inn by Wyndham
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IA-04

Loan Use Breakdown

Payroll
$38,000
Utilities
$5,000
Mortgage Interest
$7,000

Lender Information

Servicing Lender
Grinnell State Bank
Originating Lender
Grinnell State Bank

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