PPP Loan information for American contract group, inc

$322,643

American contract group, inc was initially approved for PPP Loan of amount $322,643, the current approved amount is $322,643. The loan was approved on 04/28/2020 by The Santander Bank, National Association reported 18 jobs and $322,643 was used to fund payroll.

American contract group, inc is Existing or more than 2 years old

AMERICAN CONTRACT GROUP, INC

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

AMERICAN CONTRACT GROUP, INC

Borrower Address

50 High Street - Suite 46

Borrower City

North Andover

Borrower State

MA

Borrower Zip

01845

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

322643.00

Current Approval Amount

322643.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Andover

Project County Name

ESSEX

Project State

MA

Project Zip

01845-0001

CD

MA-06

Jobs Reported

18

NAICS Code

561320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

322643.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

324327.91

Forgiveness Date

11/05/2020

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