PPP Loan information for American metals company, inc

$379,580

American metals company, inc was initially approved for PPP Loan of amount $379,580, the current approved amount is $379,580. The loan was approved on 04/12/2020 by The PNC Bank, National Association reported 45 jobs and $379,580 was used to fund payroll.

American metals company, inc is Existing or more than 2 years old

AMERICAN METALS COMPANY, INC

Date Approved

04/12/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

AMERICAN METALS COMPANY, INC

Borrower Address

740 W BROADWAY RD

Borrower City

MESA

Borrower State

AZ

Borrower Zip

85210-1214

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

379580.00

Current Approval Amount

379580.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MESA

Project County Name

MARICOPA

Project State

AZ

Project Zip

85210-1214

CD

AZ-04

Jobs Reported

45

NAICS Code

423930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

47447.50

Payroll Proceed

284685.00

Mortgage Interest Proceed

0.00

Rent Proceed

47447.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

384082.24

Forgiveness Date

06/22/2021

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