Powerfilm, Inc.

$552,405 PPP Loan in Ames, Iowa

Loan Details

Loan Number
2146807109
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$552,405
Current Approval
$552,405
Forgiveness Amount
$555,416
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Powerfilm, Inc.
Address
1287 Xe Pl
City
Ames
State
Iowa
ZIP Code
50014-6304
Business Type
Corporation
Industry (NAICS)
Manufacturing (334413)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$9.2M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$475,824
Rent
$7,500
Utilities
$24,000
Health Care
$45,081

Lender Information

Servicing Lender
First National Bank Ames, Iowa
Originating Lender
First National Bank Ames, Iowa

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