PPP Loan information for Maa ambe inc

$50,000

Maa ambe inc was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/15/2020 by The Grinnell State Bank reported 10 jobs and $50,000 was used to fund payroll.

Maa ambe inc is Existing or more than 2 years old

PPP Loan Search / IA / AMES / Maa ambe inc

MAA AMBE INC

Date Approved

04/15/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MAA AMBE INC

Borrower Address

229 S Duff Ave

Borrower City

AMES

Borrower State

IA

Borrower Zip

50010-6641

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Days Inn by Wyndham

Servicing Lender Location Id

25054

Servicing Lender Name

Grinnell State Bank

Servicing Lender Address

814 4th Ave

Servicing Lender City

GRINNELL

Servicing Lender State

IA

Servicing Lender Zip

50112-2041

Rural Urban Indicator

U

Hubzone Indicator

Y

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

50010-6641

CD

IA-04

Jobs Reported

10

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

38000.00

Mortgage Interest Proceed

7000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25054

Originating Lender

Grinnell State Bank

Originating Lender City

GRINNELL

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50362.50

Forgiveness Date

01/07/2021

;