PPP Loan information for American industrial machinery inc.

$191,400

American industrial machinery inc. was initially approved for PPP Loan of amount $191,400, the current approved amount is $191,400. The loan was approved on 01/21/2021 by The Peoples Bank reported 10 jobs and $191,400 was used to fund payroll.

American industrial machinery inc. is Existing or more than 2 years old

AMERICAN INDUSTRIAL MACHINERY INC.

Date Approved

01/21/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

AMERICAN INDUSTRIAL MACHINERY INC.

Borrower Address

4015 W 83rd Pl

Borrower City

Merrillville

Borrower State

IN

Borrower Zip

46410-6054

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

191400.00

Current Approval Amount

191400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81983

Servicing Lender Name

Peoples Bank

Servicing Lender Address

9204 Columbia Ave

Servicing Lender City

MUNSTER

Servicing Lender State

IN

Servicing Lender Zip

46321-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Merrillville

Project County Name

LAKE

Project State

IN

Project Zip

46410-6054

CD

IN-01

Jobs Reported

10

NAICS Code

333922

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

191399.00

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

81983

Originating Lender

Peoples Bank

Originating Lender City

MUNSTER

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

192558.89

Forgiveness Date

09/01/2021

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