Ameritec Machining INC
$408,600 PPP Loan in New Hampton, Iowa
Loan Details
- Loan Number
- 1845667207
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $408,600
- Current Approval
- $408,600
- Forgiveness Amount
- $412,232
- Forgiveness Date
- Mar 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ameritec Machining INC
- Address
- 2210 270th St
- City
- New Hampton
- State
- Iowa
- ZIP Code
- 50659-9016
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 38
- Estimated Revenue
- $9.3M
- Rural/Urban
- Rural
- Congressional District
- IA-02
Loan Use Breakdown
- Payroll
- $306,450
- Utilities
- $51,075
- Mortgage Interest
- $51,075
Lender Information
- Servicing Lender
- Bank Iowa
- Originating Lender
- Bank Iowa
Other PPP Loans in New Hampton, IA
| Business | Approved | |
|---|---|---|
| Trimark Corporation | $4,427,000 | |
| Zip's Truck Equipment, Inc. | $2,783,237 | |
| Five Star Cooperative | $2,092,508 | |
| Atek Metal Technologies, LLC | $1,828,120 | |
| Precision of New Hampton Inc. | $1,519,500 |
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