PPP Loan information for American composting inc

$124,410

American composting inc was initially approved for PPP Loan of amount $124,410, the current approved amount is $124,410. The loan was approved on 02/19/2021 by The First Horizon Bank reported 13 jobs and $124,410 was used to fund payroll.

American composting inc is Existing or more than 2 years old

AMERICAN COMPOSTING INC

Date Approved

02/19/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

AMERICAN COMPOSTING INC

Borrower Address

11911 Faulkner Lake Rd

Borrower City

North Little Rock

Borrower State

AR

Borrower Zip

72117-5259

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

124410.00

Current Approval Amount

124410.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Little Rock

Project County Name

PULASKI

Project State

AR

Project Zip

72117-5259

CD

AR-01

Jobs Reported

13

NAICS Code

562212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

124407.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

125457.12

Forgiveness Date

12/28/2021

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