PPP borrower record

AMES MOTOR COMPANY PPP loan record

Public SBA PPP loan record for AMES MOTOR COMPANY. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$677,400
Approved amount
$685,265
Forgiven amount
2020-04-07
Date approved

Borrower and loan details

Borrower
AMES MOTOR COMPANY
Loan number
7294847006
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Ames
Borrower state
Iowa
Borrower ZIP
50010
Jobs reported
54
Loan status
Exemption 4
Forgiveness date
2021-06-09
Servicing lender
Alerus Financial, National Association
Originating lender
Alerus Financial, National Association

Reported use of proceeds

Payroll
N/A
Rent
N/A
Utilities
$84,700
Mortgage interest
$508,000
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.