PPP Loan information for American contractors, inc.

$1,800,000

American contractors, inc. was initially approved for PPP Loan of amount $1,800,000, the current approved amount is $1,800,000. The loan was approved on 04/09/2020 by The American Business Bank reported 70 jobs and $1,800,000 was used to fund payroll.

American contractors, inc. is Existing or more than 2 years old

PPP Loan Search / CA / ORANGE / American contractors, inc.

AMERICAN CONTRACTORS, INC.

Date Approved

04/09/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

AMERICAN CONTRACTORS, INC.

Borrower Address

404 BLUERIDGE AVE

Borrower City

ORANGE

Borrower State

CA

Borrower Zip

92865-4204

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1800000.00

Current Approval Amount

1800000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123001

Servicing Lender Name

American Business Bank

Servicing Lender Address

2400 E. Katella Ave. Ste 350

Servicing Lender City

Anaheim

Servicing Lender State

CA

Servicing Lender Zip

92806

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ORANGE

Project County Name

ORANGE

Project State

CA

Project Zip

92865-4204

CD

CA-46

Jobs Reported

70

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1600000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

200000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1819479.45

Forgiveness Date

05/21/2021

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