PPP Loan information for American label & tag inc.

$243,900

American label & tag inc. was initially approved for PPP Loan of amount $243,900, the current approved amount is $243,900. The loan was approved on 02/19/2021 by The First Merchants Bank reported 26 jobs and $243,900 was used to fund payroll.

American label & tag inc. is Existing or more than 2 years old

AMERICAN LABEL & TAG INC.

Date Approved

02/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

AMERICAN LABEL & TAG INC.

Borrower Address

41878 Koppernick Rd

Borrower City

Canton

Borrower State

MI

Borrower Zip

48187-2409

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

243900.00

Current Approval Amount

243900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Canton

Project County Name

WAYNE

Project State

MI

Project Zip

48187-2409

CD

MI-06

Jobs Reported

26

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

243895.00

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

Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

246024.94

Forgiveness Date

01/06/2022

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