PPP Loan information for American grain systems inc

$388,800

American grain systems inc was initially approved for PPP Loan of amount $419,600, the current approved amount is $388,800. The loan was approved on 04/05/2020 by The Evolve Bank and Trust reported 19 jobs and $388,800 was used to fund payroll.

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

PPP Loan Search / AR / JONESBORO / American grain systems inc

AMERICAN GRAIN SYSTEMS INC

Date Approved

04/05/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

AMERICAN GRAIN SYSTEMS INC

Borrower Address

301 BURKE AVE

Borrower City

JONESBORO

Borrower State

AR

Borrower Zip

72401-2702

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

419600.00

Current Approval Amount

388800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4653

Servicing Lender Name

Evolve Bank and Trust

Servicing Lender Address

301 Shoppingway Blvd

Servicing Lender City

WEST MEMPHIS

Servicing Lender State

AR

Servicing Lender Zip

72301-1719

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JONESBORO

Project County Name

CRAIGHEAD

Project State

AR

Project Zip

72401-2702

CD

AR-01

Jobs Reported

19

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

388800.00

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

4653

Originating Lender

Evolve Bank and Trust

Originating Lender City

WEST MEMPHIS

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

393327.12

Forgiveness Date

06/17/2021

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