PPP Loan information for American carpet south

$1,787,628

American carpet south was initially approved for PPP Loan of amount $1,954,818, the current approved amount is $1,787,628. The loan was approved on 04/27/2020 by The Titan Bank, National Association reported 101 jobs and $1,787,628 was used to fund payroll.

American carpet south is Existing or more than 2 years old

AMERICAN CARPET SOUTH

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

AMERICAN CARPET SOUTH

Borrower Address

347 Broadway

Borrower City

Passaic

Borrower State

NJ

Borrower Zip

07055-2738

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1954818.00

Current Approval Amount

1787628.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70046

Servicing Lender Name

Titan Bank, National Association

Servicing Lender Address

1701 E Hubbard St

Servicing Lender City

MINERAL WELLS

Servicing Lender State

TX

Servicing Lender Zip

76067-5634

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Passaic

Project County Name

PASSAIC

Project State

NJ

Project Zip

07055-2738

CD

NJ-09

Jobs Reported

101

NAICS Code

238330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1787628.00

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

Subchapter S Corporation

Originating Lender Location Id

70046

Originating Lender

Titan Bank, National Association

Originating Lender City

MINERAL WELLS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1811413.38

Forgiveness Date

08/30/2021

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