PPP Loan information for American sales corp

$1,360,700

American sales corp was initially approved for PPP Loan of amount $1,360,700, the current approved amount is $1,360,700. The loan was approved on 04/11/2020 by The BMO Harris Bank National Association reported 159 jobs and $1,360,700 was used to fund payroll.

American sales corp is Existing or more than 2 years old

AMERICAN SALES CORP

Date Approved

04/11/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

AMERICAN SALES CORP

Borrower Address

8401 West 185th Street

Borrower City

TINLEY PARK

Borrower State

IL

Borrower Zip

60487

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1360700.00

Current Approval Amount

1360700.00

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

TINLEY PARK

Project County Name

COOK

Project State

IL

Project Zip

60487-1100

CD

IL-06

Jobs Reported

159

NAICS Code

337121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1360700.00

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

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

1374157.88

Forgiveness Date

04/19/2021

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