Brown's Heavy Equipment, Inc.

$254,718 PPP Loan in Ames, Iowa

Loan Details

Loan Number
7639288105
Date Approved
Jul 23, 2020
Loan Status
Paid in Full
Initial Approval
$254,718
Current Approval
$254,718
Forgiveness Amount
$255,457
Forgiveness Date
Nov 12, 2020
Term
60 months
Draw
First Draw

Business Information

Business Name
Brown's Heavy Equipment, Inc.
Address
1926 E Lincoln Way
City
Ames
State
Iowa
ZIP Code
50010-6546
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IA-04

Loan Use Breakdown

Payroll
$208,118
Rent
$15,000
Utilities
$8,500
Health Care
$15,600
Mortgage Interest
$7,500

Lender Information

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

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