PPP Loan information for Am communications inc

$1,564,930

Am communications inc was initially approved for PPP Loan of amount $1,564,930, the current approved amount is $1,564,930. The loan was approved on 02/25/2021 by The PNC Bank, National Association reported 155 jobs and $1,564,930 was used to fund payroll.

Am communications inc is Existing or more than 2 years old

AM COMMUNICATIONS INC

Date Approved

02/25/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

AM COMMUNICATIONS INC

Borrower Address

5707 State Route 309 5707 State Route 309

Borrower City

Galion

Borrower State

OH

Borrower Zip

44833-9541

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1564930.00

Current Approval Amount

1564930.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Galion

Project County Name

RICHLAND

Project State

OH

Project Zip

44833-9541

CD

OH-04

Jobs Reported

155

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1564929.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1575971.45

Forgiveness Date

11/12/2021

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