PPP Loan information for American beverage equipment company

$211,930

American beverage equipment company was initially approved for PPP Loan of amount $211,930, the current approved amount is $211,930. The loan was approved on 03/09/2021 by The Bank of America, National Association reported 16 jobs and $211,930 was used to fund payroll.

American beverage equipment company is Existing or more than 2 years old

PPP Loan Search / MI / Roseville / American beverage equipment company

AMERICAN BEVERAGE EQUIPMENT COMPANY

Date Approved

03/09/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

AMERICAN BEVERAGE EQUIPMENT COMPANY

Borrower Address

27560 Groesbeck Hwy

Borrower City

Roseville

Borrower State

MI

Borrower Zip

48066-2759

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

211930.00

Current Approval Amount

211930.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Roseville

Project County Name

MACOMB

Project State

MI

Project Zip

48066-2759

CD

MI-10

Jobs Reported

16

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

211927.00

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

214478.97

Forgiveness Date

05/26/2022

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