PPP Loan information for Amalga composites inc.

$846,495

Amalga composites inc. was initially approved for PPP Loan of amount $846,495, the current approved amount is $846,495. The loan was approved on 01/20/2021 by The Old National Bank reported 42 jobs and $846,495 was used to fund payroll.

Amalga composites inc. is Existing or more than 2 years old

AMALGA COMPOSITES INC.

Date Approved

01/20/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

AMALGA COMPOSITES INC.

Borrower Address

10600 W Mitchell St

Borrower City

West Allis

Borrower State

WI

Borrower Zip

53214-4027

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

846495.00

Current Approval Amount

846495.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

West Allis

Project County Name

MILWAUKEE

Project State

WI

Project Zip

53214-4027

CD

WI-05

Jobs Reported

42

NAICS Code

326130

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

846491.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

853901.83

Forgiveness Date

12/09/2021

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