PPP Loan information for American classic construction inc

$323,944

American classic construction inc was initially approved for PPP Loan of amount $323,944, the current approved amount is $323,944. The loan was approved on 04/13/2020 by The Horizon Bank reported 42 jobs and $323,944 was used to fund payroll.

American classic construction inc is Existing or more than 2 years old

AMERICAN CLASSIC CONSTRUCTION INC

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AMERICAN CLASSIC CONSTRUCTION INC

Borrower Address

11823 WALNUT AVENUE

Borrower City

GRANT

Borrower State

MI

Borrower Zip

49327-8756

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

323944.00

Current Approval Amount

323944.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRANT

Project County Name

NEWAYGO

Project State

MI

Project Zip

49327-8756

CD

MI-02

Jobs Reported

42

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

259155.00

Mortgage Interest Proceed

0.00

Rent Proceed

64789.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

328292.84

Forgiveness Date

09/07/2021

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