PPP Loan information for American construction co

$284,040

American construction co was initially approved for PPP Loan of amount $284,040, the current approved amount is $284,040. The loan was approved on 02/22/2021 by The Eastern Bank reported 25 jobs and $284,040 was used to fund payroll.

American construction co is Existing or more than 2 years old

PPP Loan Search / MA / Saugus / American construction co

AMERICAN CONSTRUCTION CO

Date Approved

02/22/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

AMERICAN CONSTRUCTION CO

Borrower Address

6 Pranker Rd

Borrower City

Saugus

Borrower State

MA

Borrower Zip

01906-2058

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

284040.00

Current Approval Amount

284040.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saugus

Project County Name

ESSEX

Project State

MA

Project Zip

01906-2058

CD

MA-06

Jobs Reported

25

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

284040.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

286004.61

Forgiveness Date

11/03/2021

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