PPP Loan information for American merchant inc

$166,352

American merchant inc was initially approved for PPP Loan of amount $166,352, the current approved amount is $166,352. The loan was approved on 04/29/2020 by The HSBC Bank USA, National Association reported 44 jobs and $166,352 was used to fund payroll.

American merchant inc is Existing or more than 2 years old

AMERICAN MERCHANT INC

Date Approved

04/29/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

AMERICAN MERCHANT INC

Borrower Address

750 OLD ABINGDON HWY

Borrower City

BRISTOL

Borrower State

VA

Borrower Zip

24201-1847

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

166352.00

Current Approval Amount

166352.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378617

Servicing Lender Name

HSBC Bank USA, National Association

Servicing Lender Address

1800 Tysons Blvd, Ste 50 Tysons II

Servicing Lender City

MCLEAN

Servicing Lender State

VA

Servicing Lender Zip

22102-4267

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRISTOL

Project County Name

BRISTOL

Project State

VA

Project Zip

24201-1847

CD

VA-01

Jobs Reported

44

NAICS Code

314120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

166352.00

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

378617

Originating Lender

HSBC Bank USA, National Association

Originating Lender City

MCLEAN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

167169.90

Forgiveness Date

11/12/2020

;