PPP Loan information for Ak stamping company inc

$842,004

Ak stamping company inc was initially approved for PPP Loan of amount $842,004, the current approved amount is $842,004. The loan was approved on 04/21/2021 by The Machias Savings Bank reported 50 jobs and $842,004 was used to fund payroll.

Ak stamping company inc is Existing or more than 2 years old

AK STAMPING COMPANY INC

Date Approved

04/21/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

AK STAMPING COMPANY INC

Borrower Address

1159 US Highway 22

Borrower City

Mountainside

Borrower State

NJ

Borrower Zip

07092-2808

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

842003.75

Current Approval Amount

842003.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29760

Servicing Lender Name

Machias Savings Bank

Servicing Lender Address

4 Center St

Servicing Lender City

MACHIAS

Servicing Lender State

ME

Servicing Lender Zip

04654-1110

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mountainside

Project County Name

UNION

Project State

NJ

Project Zip

07092-2808

CD

NJ-07

Jobs Reported

50

NAICS Code

332119

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

842003.75

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

Corporation

Originating Lender Location Id

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

844599.93

Forgiveness Date

08/18/2021

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