PPP Loan information for American apparel, inc.

$3,665,418

American apparel, inc. was initially approved for PPP Loan of amount $3,665,417, the current approved amount is $3,665,418. The loan was approved on 04/08/2020 by The Truist Bank reported 500 jobs and $3,665,418 was used to fund payroll.

American apparel, inc. is Existing or more than 2 years old

PPP Loan Search / AL / SELMA / American apparel, inc.

AMERICAN APPAREL, INC.

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

AMERICAN APPAREL, INC.

Borrower Address

107 Selma Bypass

Borrower City

SELMA

Borrower State

AL

Borrower Zip

36702-1310

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3665417.00

Current Approval Amount

3665417.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SELMA

Project County Name

DALLAS

Project State

AL

Project Zip

36702-1310

CD

AL-07

Jobs Reported

500

NAICS Code

315210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3665417.50

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3707467.98

Forgiveness Date

06/11/2021

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