PPP Loan information for American electric motor corp

$84,016

American electric motor corp was initially approved for PPP Loan of amount $84,016, the current approved amount is $84,016. The loan was approved on 02/10/2021 by The Harvest Small Business Finance, LLC reported 9 jobs and $84,016 was used to fund payroll.

American electric motor corp is Existing or more than 2 years old

AMERICAN ELECTRIC MOTOR CORP

Date Approved

02/10/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

AMERICAN ELECTRIC MOTOR CORP

Borrower Address

4100 Davison Rd # 02

Borrower City

Burton

Borrower State

MI

Borrower Zip

48509-1455

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

84016.00

Current Approval Amount

84016.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

509316

Servicing Lender Name

Harvest Small Business Finance, LLC

Servicing Lender Address

24422 Avenida de la Carlota Suite 232

Servicing Lender City

Laguna Hills

Servicing Lender State

CA

Servicing Lender Zip

92653

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burton

Project County Name

GENESEE

Project State

MI

Project Zip

48509-1455

CD

MI-08

Jobs Reported

9

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

84013.00

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

509316

Originating Lender

Harvest Small Business Finance, LLC

Originating Lender City

Laguna Hills

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

84591.45

Forgiveness Date

10/27/2021

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