PPP Loan information for American resources llc

$38,137

American resources llc was initially approved for PPP Loan of amount $38,137, the current approved amount is $38,137. The loan was approved on 01/27/2021 by The Farmers State Bank reported 3 jobs and $38,137 was used to fund payroll.

American resources llc is Existing or more than 2 years old

AMERICAN RESOURCES LLC

Date Approved

01/27/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

AMERICAN RESOURCES LLC

Borrower Address

21231 Indigo Ave

Borrower City

Clear Lake

Borrower State

IA

Borrower Zip

50428-9007

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

38137.00

Current Approval Amount

38137.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25044

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

99 N 7th St

Servicing Lender City

NORTHWOOD

Servicing Lender State

IA

Servicing Lender Zip

50459-1432

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clear Lake

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50428-9007

CD

IA-02

Jobs Reported

3

NAICS Code

333111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

38134.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

25044

Originating Lender

Farmers State Bank

Originating Lender City

NORTHWOOD

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38312.53

Forgiveness Date

07/19/2021

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