PPP Loan information for American merchandising specialists, inc

$4,279,000

American merchandising specialists, inc was initially approved for PPP Loan of amount $4,279,000, the current approved amount is $4,279,000. The loan was approved on 04/05/2020 by The Village Bank and Trust, National Association reported 457 jobs and $4,279,000 was used to fund payroll.

American merchandising specialists, inc is Existing or more than 2 years old

PPP Loan Search / NC / MOORESVILLE / American merchandising specialists, inc

AMERICAN MERCHANDISING SPECIALISTS, INC

Date Approved

04/05/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

AMERICAN MERCHANDISING SPECIALISTS, INC

Borrower Address

177 Barley Park Lane

Borrower City

MOORESVILLE

Borrower State

NC

Borrower Zip

28115-7912

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4279000.00

Current Approval Amount

4279000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119325

Servicing Lender Name

Village Bank and Trust, National Association

Servicing Lender Address

234 W Northwest Hwy

Servicing Lender City

ARLINGTON HEIGHTS

Servicing Lender State

IL

Servicing Lender Zip

60004-5934

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOORESVILLE

Project County Name

IREDELL

Project State

NC

Project Zip

28115-7912

CD

NC-10

Jobs Reported

457

NAICS Code

541850

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4279000.00

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

119325

Originating Lender

Village Bank and Trust, National Association

Originating Lender City

ARLINGTON HEIGHTS

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

4329040.53

Forgiveness Date

06/11/2021

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