PPP Loan information for Amalgamated power inc

$85,847

Amalgamated power inc was initially approved for PPP Loan of amount $85,847, the current approved amount is $85,847. The loan was approved on 05/27/2020 by The Bank of America, National Association reported 9 jobs and $85,847 was used to fund payroll.

Amalgamated power inc is New Business or 2 years or less

PPP Loan Search / GA / AUSTELL / Amalgamated power inc

AMALGAMATED POWER INC

Date Approved

05/27/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

AMALGAMATED POWER INC

Borrower Address

6934 OAK RIDGE COMMERCE WAY

Borrower City

AUSTELL

Borrower State

GA

Borrower Zip

30168-5889

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85847.00

Current Approval Amount

85847.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

AUSTELL

Project County Name

COBB

Project State

GA

Project Zip

30168-5889

CD

GA-13

Jobs Reported

9

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

85847.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

86818.36

Forgiveness Date

07/15/2021

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