PPP Loan information for American energy restaurant equipment inc

$322,602

American energy restaurant equipment inc was initially approved for PPP Loan of amount $322,602, the current approved amount is $322,602. The loan was approved on 03/13/2021 by The Truist Bank reported 25 jobs and $322,602 was used to fund payroll.

American energy restaurant equipment inc is Existing or more than 2 years old

PPP Loan Search / VA / Springfield / American energy restaurant equipment inc

AMERICAN ENERGY RESTAURANT EQUIPMENT INC

Date Approved

03/13/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

AMERICAN ENERGY RESTAURANT EQUIPMENT INC

Borrower Address

7538 Fullerton Ct

Borrower City

Springfield

Borrower State

VA

Borrower Zip

22153-2829

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

322601.50

Current Approval Amount

322601.50

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

Springfield

Project County Name

FAIRFAX

Project State

VA

Project Zip

22153-2829

CD

VA-11

Jobs Reported

25

NAICS Code

532490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

322599.50

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

Subchapter S 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

326365.18

Forgiveness Date

05/24/2022

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