PPP Loan information for Ames trenching and excavating inc

$172,500

Ames trenching and excavating inc was initially approved for PPP Loan of amount $172,500, the current approved amount is $172,500. The loan was approved on 04/06/2020 by The First National Bank Ames, Iowa reported 19 jobs and $172,500 was used to fund payroll.

Ames trenching and excavating inc is Existing or more than 2 years old

AMES TRENCHING AND EXCAVATING INC

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

AMES TRENCHING AND EXCAVATING INC

Borrower Address

1509 East Lincolnway

Borrower City

AMES

Borrower State

IA

Borrower Zip

50010-6538

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172500.00

Current Approval Amount

172500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24544

Servicing Lender Name

First National Bank Ames, Iowa

Servicing Lender Address

405 5th St

Servicing Lender City

AMES

Servicing Lender State

IA

Servicing Lender Zip

50010-6103

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AMES

Project County Name

STORY

Project State

IA

Project Zip

50010-6538

CD

IA-04

Jobs Reported

19

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8625.00

Payroll Proceed

146625.00

Mortgage Interest Proceed

0.00

Rent Proceed

17250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24544

Originating Lender

First National Bank Ames, Iowa

Originating Lender City

AMES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

173478.29

Forgiveness Date

11/03/2020

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