PPP Loan information for American iron, inc.

$1,813,000

American iron, inc. was initially approved for PPP Loan of amount $1,813,000, the current approved amount is $1,813,000. The loan was approved on 04/27/2020 by The Live Oak Banking Company reported 80 jobs and $1,813,000 was used to fund payroll.

American iron, inc. is Existing or more than 2 years old

AMERICAN IRON, INC.

Date Approved

04/27/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

AMERICAN IRON, INC.

Borrower Address

2822 Curry Rd

Borrower City

Schenectady

Borrower State

NY

Borrower Zip

12303

Loan Status Date

01/11/2022

Loan Status

Charged Off

Term

0

SBA Guaranty Percentage

100

Initial Approval Amount

1813000.00

Current Approval Amount

1813000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Schenectady

Project County Name

SCHENECTADY

Project State

NY

Project Zip

12303-0001

CD

NY-20

Jobs Reported

80

NAICS Code

238120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1813000.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;