PPP Loan information for American power equipment, inc.

$78,920

American power equipment, inc. was initially approved for PPP Loan of amount $78,920, the current approved amount is $78,920. The loan was approved on 05/01/2020 by The BMO Harris Bank National Association reported 10 jobs and $78,920 was used to fund payroll.

American power equipment, inc. is Existing or more than 2 years old

AMERICAN POWER EQUIPMENT, INC.

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

AMERICAN POWER EQUIPMENT, INC.

Borrower Address

1370 W ARMY TRAIL RD

Borrower City

CAROL STREAM

Borrower State

IL

Borrower Zip

60188

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78920.00

Current Approval Amount

78920.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAROL STREAM

Project County Name

DUPAGE

Project State

IL

Project Zip

60188-0001

CD

IL-08

Jobs Reported

10

NAICS Code

444220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

78920.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

79657.31

Forgiveness Date

04/13/2021

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