AMES TILE INC. (IA) - 2020 PPP Loan Borrower Profile (# 5510477009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMES TILE INC.. 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

5510477009

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$103,850

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$104,617.34

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

10,425

Payroll Proced

83,000

Rent Proceed

10,425

Lender

Exchange State Bank

Business Detail

Business Type

Corporation

NAICS

236115

Borrower Location

AMES, IA

Project Location

AMES, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.