PPP Loan information for American composting inc

$124,412

American composting inc was initially approved for PPP Loan of amount $124,412, the current approved amount is $124,412. The loan was approved on 04/30/2020 by The First Horizon Bank reported 13 jobs and $124,412 was used to fund payroll.

American composting inc is New Business or 2 years or less

AMERICAN COMPOSTING INC

Date Approved

04/30/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

AMERICAN COMPOSTING INC

Borrower Address

11911 FAULKNER LAKE ROAD

Borrower City

NORTH LITTLE ROCK

Borrower State

AR

Borrower Zip

72117

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124411.75

Current Approval Amount

124411.75

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

New Business or 2 years or less

Project City

NORTH LITTLE ROCK

Project County Name

PULASKI

Project State

AR

Project Zip

72117-0001

CD

AR-01

Jobs Reported

13

NAICS Code

562212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

124411.75

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

125932.34

Forgiveness Date

07/22/2021

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