PPP Loan information for American industrial machinery inc

$166,500

American industrial machinery inc was initially approved for PPP Loan of amount $166,500, the current approved amount is $166,500. The loan was approved on 04/03/2020 by The Peoples Bank reported 12 jobs and $166,500 was used to fund payroll.

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

PPP Loan Search / IN / MERRILLVILLE / American industrial machinery inc

AMERICAN INDUSTRIAL MACHINERY INC

Date Approved

04/03/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

AMERICAN INDUSTRIAL MACHINERY INC

Borrower Address

4015 W 83rd Place

Borrower City

MERRILLVILLE

Borrower State

IN

Borrower Zip

46410-6054

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

166500.00

Current Approval Amount

166500.00

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

12

NAICS Code

333249

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2100.00

Payroll Proceed

150900.00

Mortgage Interest Proceed

0.00

Rent Proceed

13500.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

167485.32

Forgiveness Date

11/13/2020

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