Ames Motor Company
$677,400 PPP Loan in Ames, Iowa
Loan Details
- Loan Number
- 7294847006
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $677,400
- Current Approval
- $677,400
- Forgiveness Amount
- $685,265
- Forgiveness Date
- Jun 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ames Motor Company
- Address
- 123 Airport Rd.
- City
- Ames
- State
- Iowa
- ZIP Code
- 50010-8201
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Ford Motor Company Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 54
- Estimated Revenue
- $13.6M
- Rural/Urban
- Urban
- Congressional District
- IA-04
Loan Use Breakdown
- Utilities
- $84,700
- Mortgage Interest
- $508,000
- Refinance EIDL
- $84,700
Lender Information
- Servicing Lender
- Alerus Financial, National Association
- Originating Lender
- Alerus Financial, National Association
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|---|---|---|
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| Story Construction Co | $2,477,012 | Research |
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