PPP Loan information for American powder coatings

$334,892

American powder coatings was initially approved for PPP Loan of amount $334,892, the current approved amount is $334,892. The loan was approved on 04/08/2020 by The St. Charles Bank & Trust Company, National Association reported 50 jobs and $334,892 was used to fund payroll.

American powder coatings is Existing or more than 2 years old

AMERICAN POWDER COATINGS

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

AMERICAN POWDER COATINGS

Borrower Address

420 S 38TH AVE

Borrower City

SAINT CHARLES

Borrower State

IL

Borrower Zip

60174-5426

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

334892.00

Current Approval Amount

334892.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111865

Servicing Lender Name

St. Charles Bank & Trust Company, National Association

Servicing Lender Address

411 W Main St

Servicing Lender City

SAINT CHARLES

Servicing Lender State

IL

Servicing Lender Zip

60174-1815

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT CHARLES

Project County Name

KANE

Project State

IL

Project Zip

60174-5426

CD

IL-08

Jobs Reported

50

NAICS Code

332813

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

33489.00

Payroll Proceed

251169.00

Mortgage Interest Proceed

0.00

Rent Proceed

50234.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

111865

Originating Lender

St. Charles Bank & Trust Company, National Association

Originating Lender City

SAINT CHARLES

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

337347.87

Forgiveness Date

01/07/2021

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