# PPP loan: AMES RESEARCH LABORATORIES INC
> **$257K** approved 04/30/2020 · Paid in Full · Loan `5362247301`
## Borrower
- **Name:** AMES RESEARCH LABORATORIES INC
- **Address:** 1891 16TH ST SE, SALEM, OR, 97302
- **NAICS:** 325510
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $259K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $257K
- **Jobs reported:** 16
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*