PPP Loan information for American applicators, inc

$487,000

American applicators, inc was initially approved for PPP Loan of amount $487,000, the current approved amount is $487,000. The loan was approved on 04/07/2020 by The First-Citizens Bank & Trust Company reported 55 jobs and $487,000 was used to fund payroll.

American applicators, inc is New Business or 2 years or less

AMERICAN APPLICATORS, INC

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

AMERICAN APPLICATORS, INC

Borrower Address

13201 Ramblewood Dr

Borrower City

CHESTER

Borrower State

VA

Borrower Zip

23836-5501

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

487000.00

Current Approval Amount

487000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CHESTER

Project County Name

CHESTERFIELD

Project State

VA

Project Zip

23836-2400

CD

VA-04

Jobs Reported

55

NAICS Code

238310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

487000.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

489908.47

Forgiveness Date

11/19/2020

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