PPP Loan information for American metal technologies, llc

$980,000

American metal technologies, llc was initially approved for PPP Loan of amount $980,000, the current approved amount is $980,000. The loan was approved on 04/15/2020 by The Johnson Bank reported 79 jobs and $980,000 was used to fund payroll.

American metal technologies, llc is Existing or more than 2 years old

AMERICAN METAL TECHNOLOGIES, LLC

Date Approved

04/15/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

AMERICAN METAL TECHNOLOGIES, LLC

Borrower Address

8213 DURAND AVE

Borrower City

STURTEVANT

Borrower State

WI

Borrower Zip

53177-1945

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

980000.00

Current Approval Amount

980000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STURTEVANT

Project County Name

RACINE

Project State

WI

Project Zip

53177-1945

CD

WI-01

Jobs Reported

79

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

122500.00

Payroll Proceed

735000.00

Mortgage Interest Proceed

122500.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

987652.05

Forgiveness Date

02/10/2021

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