PPP Loan information for American equipment manufacturing, inc.

$737,450

American equipment manufacturing, inc. was initially approved for PPP Loan of amount $737,450, the current approved amount is $737,450. The loan was approved on 02/10/2021 by The Bank of America, National Association reported 41 jobs and $737,450 was used to fund payroll.

American equipment manufacturing, inc. is Existing or more than 2 years old

PPP Loan Search / NM / Farmington / American equipment manufacturing, inc.

AMERICAN EQUIPMENT MANUFACTURING, INC.

Date Approved

02/10/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

AMERICAN EQUIPMENT MANUFACTURING, INC.

Borrower Address

1000 Troy King Rd

Borrower City

Farmington

Borrower State

NM

Borrower Zip

87401-3617

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

737450.00

Current Approval Amount

737450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington

Project County Name

SAN JUAN

Project State

NM

Project Zip

87401-3617

CD

NM-03

Jobs Reported

41

NAICS Code

314999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

737446.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

743531.44

Forgiveness Date

12/09/2021

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