PPP Loan information for American duct systems inc

$85,843

American duct systems inc was initially approved for PPP Loan of amount $85,843, the current approved amount is $85,843. The loan was approved on 04/13/2020 by The Veritex Community Bank reported 11 jobs and $85,843 was used to fund payroll.

American duct systems inc is Existing or more than 2 years old

PPP Loan Search / TX / GARLAND / American duct systems inc

AMERICAN DUCT SYSTEMS INC

Date Approved

04/13/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

AMERICAN DUCT SYSTEMS INC

Borrower Address

601 E WALNUT CIRCLE

Borrower City

GARLAND

Borrower State

TX

Borrower Zip

75040-6540

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85843.00

Current Approval Amount

85843.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

368915

Servicing Lender Name

Veritex Community Bank

Servicing Lender Address

8214 Westchester Dr Ste 800

Servicing Lender City

Dallas

Servicing Lender State

TX

Servicing Lender Zip

75225

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GARLAND

Project County Name

DALLAS

Project State

TX

Project Zip

75040-6540

CD

TX-05

Jobs Reported

11

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

68700.00

Mortgage Interest Proceed

0.00

Rent Proceed

17143.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

368915

Originating Lender

Veritex Community Bank

Originating Lender City

Dallas

Originating Lender State

TX

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

86649.69

Forgiveness Date

03/30/2021

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