PPP Loan information for Ac contracting llc

$142,070

Ac contracting llc was initially approved for PPP Loan of amount $142,070, the current approved amount is $142,070. The loan was approved on 02/10/2021 by The Farmers & Merchants Bank & Trust reported 12 jobs and $142,070 was used to fund payroll.

Ac contracting llc is Existing or more than 2 years old

AC CONTRACTING LLC

Date Approved

02/10/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

AC CONTRACTING LLC

Borrower Address

128 N 19th St

Borrower City

Keokuk

Borrower State

IA

Borrower Zip

52632-2806

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

142069.75

Current Approval Amount

142069.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24636

Servicing Lender Name

Farmers & Merchants Bank & Trust

Servicing Lender Address

221 Jefferson St

Servicing Lender City

BURLINGTON

Servicing Lender State

IA

Servicing Lender Zip

52601-5213

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Keokuk

Project County Name

LEE

Project State

IA

Project Zip

52632-2806

CD

IA-01

Jobs Reported

12

NAICS Code

236210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

142067.75

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

24636

Originating Lender

Farmers & Merchants Bank & Trust

Originating Lender City

BURLINGTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

142586.73

Forgiveness Date

06/29/2021

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