PPP Loan information for Famc

$140,200

Famc was initially approved for PPP Loan of amount $140,200, the current approved amount is $140,200. The loan was approved on 04/03/2020 by The First Citizens Bank reported 32 jobs and $140,200 was used to fund payroll.

Famc is Existing or more than 2 years old

PPP Loan Search / IA / AMES / Famc

FAMC

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FAMC

Borrower Address

525 gilchrist ave

Borrower City

AMES

Borrower State

IA

Borrower Zip

50010-3356

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

140200.00

Current Approval Amount

140200.00

Undisbursed Amount

0.00

Franchise Name

Culver's ButterBurgers & Frozen Custard

Servicing Lender Location Id

24732

Servicing Lender Name

First Citizens Bank

Servicing Lender Address

2601 4th St SW

Servicing Lender City

MASON CITY

Servicing Lender State

IA

Servicing Lender Zip

50401-4650

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

50010-3356

CD

IA-04

Jobs Reported

32

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

105225.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

14975

Business Type

Subchapter S Corporation

Originating Lender Location Id

24732

Originating Lender

First Citizens Bank

Originating Lender City

MASON CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

141777.25

Forgiveness Date

05/21/2021

;