PPP Loan information for American state equipment co inc

$1,881,000

American state equipment co inc was initially approved for PPP Loan of amount $1,881,000, the current approved amount is $1,881,000. The loan was approved on 04/13/2020 by The 1st Source Bank reported 90 jobs and $1,881,000 was used to fund payroll.

American state equipment co inc is Existing or more than 2 years old

PPP Loan Search / WI / MILWAUKEE / American state equipment co inc

AMERICAN STATE EQUIPMENT CO INC

Date Approved

04/13/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

AMERICAN STATE EQUIPMENT CO INC

Borrower Address

2055 S 108 ST

Borrower City

MILWAUKEE

Borrower State

WI

Borrower Zip

53227-1103

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1881000.00

Current Approval Amount

1881000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MILWAUKEE

Project County Name

MILWAUKEE

Project State

WI

Project Zip

53227-1103

CD

WI-05

Jobs Reported

90

NAICS Code

423810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1881000.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1892390.50

Forgiveness Date

11/23/2020

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