PPP Loan information for Amel inc

$70,000

Amel inc was initially approved for PPP Loan of amount $70,000, the current approved amount is $70,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 7 jobs and $70,000 was used to fund payroll.

Amel inc is New Business or 2 years or less

PPP Loan Search / NJ / NEWARK / Amel inc

AMEL INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

AMEL INC

Borrower Address

19 LISTER AVE

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07105-4500

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70000.00

Current Approval Amount

70000.00

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

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

NEWARK

Project County Name

ESSEX

Project State

NJ

Project Zip

07105-4500

CD

NJ-08

Jobs Reported

7

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70000.00

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

30044.30

Forgiveness Date

10/15/2021

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