PPP Loan information for American home contractors, inc

$326,000

American home contractors, inc was initially approved for PPP Loan of amount $326,000, the current approved amount is $326,000. The loan was approved on 04/11/2020 by The Sandy Spring Bank reported 22 jobs and $326,000 was used to fund payroll.

American home contractors, inc is Existing or more than 2 years old

AMERICAN HOME CONTRACTORS, INC

Date Approved

04/11/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

AMERICAN HOME CONTRACTORS, INC

Borrower Address

11820 West Market Place Suite F

Borrower City

FULTON

Borrower State

MD

Borrower Zip

20759-2409

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

326000.00

Current Approval Amount

326000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FULTON

Project County Name

HOWARD

Project State

MD

Project Zip

20759-2409

CD

MD-03

Jobs Reported

22

NAICS Code

454390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

326000.00

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

Subchapter S Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

329554.74

Forgiveness Date

05/26/2021

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