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Electric Wholesale Company

$213,000 PPP Loan in Ames, Iowa

Loan Details

Loan Number
5574407009
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$213,000
Current Approval
$213,000
Forgiveness Amount
$214,179
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Electric Wholesale Company
Address
314 South 17th St
City
Ames
State
Iowa
ZIP Code
50010-8044
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$6.1M
Rural/Urban
Urban
Congressional District
IA-04

Loan Use Breakdown

Payroll
$160,300
Rent
$39,600
Health Care
$13,100

Lender Information

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

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