PPP Loan information for American drilling and prototyping inc.

$320,962

American drilling and prototyping inc. was initially approved for PPP Loan of amount $320,962, the current approved amount is $320,962. The loan was approved on 03/20/2021 by The Fifth Third Bank reported 32 jobs and $320,962 was used to fund payroll.

American drilling and prototyping inc. is Existing or more than 2 years old

AMERICAN DRILLING AND PROTOTYPING INC.

Date Approved

03/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

AMERICAN DRILLING AND PROTOTYPING INC.

Borrower Address

625 Glenn Ave

Borrower City

Wheeling

Borrower State

IL

Borrower Zip

60090-6017

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

320962.00

Current Approval Amount

320962.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wheeling

Project County Name

COOK

Project State

IL

Project Zip

60090-6017

CD

IL-10

Jobs Reported

32

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

320960.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

322450.91

Forgiveness Date

09/13/2021

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