PPP Loan information for American aluminum co

$588,052

American aluminum co was initially approved for PPP Loan of amount $588,052, the current approved amount is $588,052. The loan was approved on 04/07/2020 by The Valley National Bank reported 51 jobs and $588,052 was used to fund payroll.

American aluminum co is Existing or more than 2 years old

AMERICAN ALUMINUM CO

Date Approved

04/07/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

AMERICAN ALUMINUM CO

Borrower Address

230 SHEFFIELD ST

Borrower City

MOUNTAINSIDE

Borrower State

NJ

Borrower Zip

07092-2303

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

588052.00

Current Approval Amount

588052.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNTAINSIDE

Project County Name

UNION

Project State

NJ

Project Zip

07092-2303

CD

NJ-07

Jobs Reported

51

NAICS Code

331313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

588052.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

592201.03

Forgiveness Date

12/28/2020

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