PPP Loan information for American excavting ltd.

$473,400

American excavting ltd. was initially approved for PPP Loan of amount $473,400, the current approved amount is $473,400. The loan was approved on 04/04/2020 by The Isabella Bank reported 34 jobs and $473,400 was used to fund payroll.

American excavting ltd. is Existing or more than 2 years old

AMERICAN EXCAVTING LTD.

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AMERICAN EXCAVTING LTD.

Borrower Address

3389 Hack Rd.

Borrower City

SAGINAW

Borrower State

MI

Borrower Zip

48601-9244

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

473400.00

Current Approval Amount

473400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAGINAW

Project County Name

SAGINAW

Project State

MI

Project Zip

48601-9244

CD

MI-08

Jobs Reported

34

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

421400.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

47000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

466243.88

Forgiveness Date

11/23/2020

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