PPP Loan information for American industrial corp

$839,377

American industrial corp was initially approved for PPP Loan of amount $839,377, the current approved amount is $839,377. The loan was approved on 04/14/2020 by The JPMorgan Chase Bank, National Association reported 48 jobs and $839,377 was used to fund payroll.

American industrial corp is Existing or more than 2 years old

AMERICAN INDUSTRIAL CORP

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

AMERICAN INDUSTRIAL CORP

Borrower Address

1400 American Way

Borrower City

GREENWOOD

Borrower State

IN

Borrower Zip

46143

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

839377.00

Current Approval Amount

839377.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GREENWOOD

Project County Name

JOHNSON

Project State

IN

Project Zip

46143-0001

CD

IN-06

Jobs Reported

48

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

769677.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

64700.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

850322.01

Forgiveness Date

08/09/2021

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