PPP Loan information for American recovery corporation

$74,800

American recovery corporation was initially approved for PPP Loan of amount $74,800, the current approved amount is $74,800. The loan was approved on 04/07/2021 by The Dollar Bank, A Federal Savings Bank reported 8 jobs and $74,800 was used to fund payroll.

American recovery corporation is Existing or more than 2 years old

AMERICAN RECOVERY CORPORATION

Date Approved

04/07/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

AMERICAN RECOVERY CORPORATION

Borrower Address

1227 Lysle Blvd

Borrower City

McKeesport

Borrower State

PA

Borrower Zip

15132-2439

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

74800.00

Current Approval Amount

74800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88967

Servicing Lender Name

Dollar Bank, A Federal Savings Bank

Servicing Lender Address

20 Stanwix Street, 18th Floor

Servicing Lender City

PITTSBURGH

Servicing Lender State

PA

Servicing Lender Zip

15222

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

McKeesport

Project County Name

ALLEGHENY

Project State

PA

Project Zip

15132-2439

CD

PA-12

Jobs Reported

8

NAICS Code

488410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

74800.00

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

88967

Originating Lender

Dollar Bank, A Federal Savings Bank

Originating Lender City

PITTSBURGH

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

75086.73

Forgiveness Date

08/30/2021

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