Shaffer's Auto Body Co., Inc.

$383,430 PPP Loan in Ames, Iowa

Loan Details

Loan Number
7064147002
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$383,430
Current Approval
$383,430
Forgiveness Amount
$386,424
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Shaffer's Auto Body Co., Inc.
Address
1712 E Lincoln Way
City
Ames
State
Iowa
ZIP Code
50010-6542
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811121)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
IA-04

Loan Use Breakdown

Payroll
$317,415
Rent
$37,343
Utilities
$28,672

Lender Information

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

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