# PPP loan: AMES CLEANERS & FORMALS INC
> **$150K** approved 02/17/2021 · Paid in Full · Loan `9767568404`
## Borrower
- **Name:** AMES CLEANERS & FORMALS INC
- **Address:** 554 E Mercury Blvd, Hampton, VA, 23663-2229
- **NAICS:** 453998
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*