Moorman Clothiers Ames INC

$59,800 PPP Loan in Ames, Iowa

Loan Details

Loan Number
4654427010
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$59,800
Current Approval
$59,800
Forgiveness Amount
$60,229
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Moorman Clothiers Ames INC
Address
226 Main St
City
Ames
State
Iowa
ZIP Code
50010-6238
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (448140)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IA-04

Loan Use Breakdown

Payroll
$44,850
Rent
$10,000
Utilities
$2,000
Mortgage Interest
$2,950

Lender Information

Servicing Lender
First Citizens Bank
Originating Lender
First Citizens Bank

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