PPP borrower record
FAAM ENTERPRISES INC PPP loan record
Public SBA PPP loan record for FAAM ENTERPRISES INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$778,700
Approved amount
$784,281
Forgiven amount
2020-04-16
Date approved
Borrower and loan details
Borrower
FAAM ENTERPRISES INC
Loan number
2891047204
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Ames
Borrower state
Iowa
Borrower ZIP
50010
Jobs reported
182
Loan status
Paid in Full
Forgiveness date
2021-01-08
Servicing lender
Clear Lake Bank & Trust Company
Originating lender
Clear Lake Bank & Trust Company
Reported use of proceeds
Payroll
$616,100
Rent
$76,100
Utilities
$32,700
Mortgage interest
$46,400
Health care
$7,400
Debt interest
N/A
Location pages
Related directories
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.