AMES MOTOR LODGE (IA) - 2020 PPP Loan Borrower Profile (# 3961317410)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMES MOTOR LODGE. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Iowa.

Loan Detail

Loan Number

3961317410

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$8,100

Date Loan was Approved

May 8, 2020

Amount Forgiven

$8,174.02

Date Loan was Forgiven

Apr 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

8,100

Lender

Security State Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

721110

Borrower Location

Ames, IA

Project Location

Ames, IA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.