PPP Loan information for American adhesives & coatings inc

$82,459

American adhesives & coatings inc was initially approved for PPP Loan of amount $82,459, the current approved amount is $82,459. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 5 jobs and $82,459 was used to fund payroll.

American adhesives & coatings inc is New Business or 2 years or less

AMERICAN ADHESIVES & COATINGS INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

AMERICAN ADHESIVES & COATINGS INC

Borrower Address

470 MULBERRY ST

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07114-2738

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82459.00

Current Approval Amount

82459.00

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

07114-2738

CD

NJ-10

Jobs Reported

5

NAICS Code

325520

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

82459.00

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

83270.04

Forgiveness Date

04/29/2021

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