PPP Loan information for American melt blown & filtration, inc

$590,812

American melt blown & filtration, inc was initially approved for PPP Loan of amount $590,812, the current approved amount is $590,812. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 77 jobs and $590,812 was used to fund payroll.

American melt blown & filtration, inc is Existing or more than 2 years old

AMERICAN MELT BLOWN & FILTRATION, INC

Date Approved

05/01/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

AMERICAN MELT BLOWN & FILTRATION, INC

Borrower Address

1030 E ELM ST

Borrower City

RENSSELAER

Borrower State

IN

Borrower Zip

47978

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

590812.00

Current Approval Amount

590812.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

RENSSELAER

Project County Name

JASPER

Project State

IN

Project Zip

47978-0001

CD

IN-04

Jobs Reported

77

NAICS Code

322121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

56000.00

Payroll Proceed

466380.00

Mortgage Interest Proceed

12000.00

Rent Proceed

21432.00

Refinance EIDL Proceed

0.00

Health Care Proceed

35000.00

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

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

597084.45

Forgiveness Date

05/27/2021

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