Wilson Auto Group, INC

$942,700 PPP Loan in Ames, Iowa

Loan Details

Loan Number
4440277007
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$942,700
Current Approval
$942,700
Forgiveness Amount
$886,029
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Wilson Auto Group, INC
Address
2212 S Duff Ave
City
Ames
State
Iowa
ZIP Code
50010-8039
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Toyota Motors Sales, U.s.a., Inc. - Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
87
Estimated Revenue
$21.9M
Rural/Urban
Urban
Congressional District
IA-04

Loan Use Breakdown

Payroll
$707,500
Rent
$200,000
Utilities
$35,200

Lender Information

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

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