PPP Loan information for American clothing express inc

$649,000

American clothing express inc was initially approved for PPP Loan of amount $649,000, the current approved amount is $649,000. The loan was approved on 04/05/2020 by The Simmons Bank reported 66 jobs and $649,000 was used to fund payroll.

American clothing express inc is Existing or more than 2 years old

AMERICAN CLOTHING EXPRESS INC

Date Approved

04/05/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

AMERICAN CLOTHING EXPRESS INC

Borrower Address

3190 New Brunswick Rd

Borrower City

Bartlett

Borrower State

TN

Borrower Zip

38133-4193

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

649000.00

Current Approval Amount

649000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bartlett

Project County Name

SHELBY

Project State

TN

Project Zip

38133-4193

CD

TN-08

Jobs Reported

66

NAICS Code

315240

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

329000.00

Mortgage Interest Proceed

200000.00

Rent Proceed

100000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

654282.14

Forgiveness Date

02/09/2021

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