PPP Loan information for American mortgage and equity consultants, inc.

$7,867,400

American mortgage and equity consultants, inc. was initially approved for PPP Loan of amount $7,867,400, the current approved amount is $7,867,400. The loan was approved on 04/09/2020 by The Granite Bank reported 436 jobs and $7,867,400 was used to fund payroll.

American mortgage and equity consultants, inc. is Existing or more than 2 years old

AMERICAN MORTGAGE AND EQUITY CONSULTANTS, INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AMERICAN MORTGAGE AND EQUITY CONSULTANTS, INC.

Borrower Address

7505 Metro Blvd Ste 600

Borrower City

Edina

Borrower State

MN

Borrower Zip

55439-2710

Loan Status Date

Loan Status

Exemption 4

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7867400.00

Current Approval Amount

7867400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36743

Servicing Lender Name

Granite Bank

Servicing Lender Address

202 2nd Ave S

Servicing Lender City

COLD SPRING

Servicing Lender State

MN

Servicing Lender Zip

56320

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Edina

Project County Name

HENNEPIN

Project State

MN

Project Zip

55439-2710

CD

MN-03

Jobs Reported

436

NAICS Code

522310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

7867400.00

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

Subchapter S Corporation

Originating Lender Location Id

36743

Originating Lender

Granite Bank

Originating Lender City

COLD SPRING

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7776477.65

Forgiveness Date

06/16/2021

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