PPP Loan information for American bed, inc.

$129,582

American bed, inc. was initially approved for PPP Loan of amount $129,582, the current approved amount is $129,582. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 100 jobs and $129,582 was used to fund payroll.

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

AMERICAN BED, INC.

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

AMERICAN BED, INC.

Borrower Address

7109 PINGREE RD

Borrower City

CRYSTAL LAKE

Borrower State

IL

Borrower Zip

60014

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

129582.00

Current Approval Amount

129582.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRYSTAL LAKE

Project County Name

MCHENRY

Project State

IL

Project Zip

60014-1000

CD

IL-09

Jobs Reported

100

NAICS Code

442110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4600.00

Payroll Proceed

62780.00

Mortgage Interest Proceed

0.00

Rent Proceed

51686.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10516.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

130876.60

Forgiveness Date

05/04/2021

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