PPP Loan information for American construction corporation

$160,086

American construction corporation was initially approved for PPP Loan of amount $205,000, the current approved amount is $160,086. The loan was approved on 04/07/2020 by The Eastern Bank reported 11 jobs and $160,086 was used to fund payroll.

American construction corporation is Existing or more than 2 years old

PPP Loan Search / MA / PEABODY / American construction corporation

AMERICAN CONSTRUCTION CORPORATION

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

AMERICAN CONSTRUCTION CORPORATION

Borrower Address

3 Mount Pleasant Drive Second floor

Borrower City

PEABODY

Borrower State

MA

Borrower Zip

01960-1528

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

205000.00

Current Approval Amount

160085.92

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

Y

Business Age Description

Existing or more than 2 years old

Project City

PEABODY

Project County Name

ESSEX

Project State

MA

Project Zip

01960-1528

CD

MA-06

Jobs Reported

11

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

160085.92

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

161455.54

Forgiveness Date

02/19/2021

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