# PPP loan: PROFESSIONAL HOME AMES, INC
> **$331K** approved 04/08/2020 · Paid in Full · Loan `7764547005`
## Borrower
- **Name:** PROFESSIONAL HOME AMES, INC
- **Address:** 114 Washington Ave, AMES, IA, 50010-6730
- **NAICS:** 561720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $331K
- **Initial approval:** $331K
- **Forgiven:** $334K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $270K
- **Rent:** $10K
- **Utilities:** $1K
- **Health care:** $50K
- **Jobs reported:** 60
## Lender
- **Originating:** VisionBank of Iowa
- **Servicing:** VisionBank of Iowa (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*