PPP Loan information for American design and build ltd

$1,075,940

American design and build ltd was initially approved for PPP Loan of amount $1,075,940, the current approved amount is $1,075,940. The loan was approved on 04/29/2020 by The Truist Bank reported 120 jobs and $1,075,940 was used to fund payroll.

American design and build ltd is Existing or more than 2 years old

AMERICAN DESIGN AND BUILD LTD

Date Approved

04/29/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

AMERICAN DESIGN AND BUILD LTD

Borrower Address

221 Gateway Drive

Borrower City

Bel Air

Borrower State

MD

Borrower Zip

21014

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1075940.00

Current Approval Amount

1075940.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bel Air

Project County Name

HARFORD

Project State

MD

Project Zip

21014-0001

CD

MD-01

Jobs Reported

120

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1075940.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1087237.37

Forgiveness Date

05/20/2021

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