PPP Loan information for American superconductor corporation

$2,579,900

American superconductor corporation was initially approved for PPP Loan of amount $2,579,900, the current approved amount is $2,579,900. The loan was approved on 04/03/2020 by The Main Street Bank reported 143 jobs and $2,579,900 was used to fund payroll.

American superconductor corporation is Existing or more than 2 years old

PPP Loan Search / MA / AYER / American superconductor corporation

AMERICAN SUPERCONDUCTOR CORPORATION

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

AMERICAN SUPERCONDUCTOR CORPORATION

Borrower Address

114 East Main Street

Borrower City

AYER

Borrower State

MA

Borrower Zip

01432-1832

Loan Status Date

09/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2579900.00

Current Approval Amount

2579900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33042

Servicing Lender Name

Main Street Bank

Servicing Lender Address

81 Granger Blvd

Servicing Lender City

MARLBOROUGH

Servicing Lender State

MA

Servicing Lender Zip

01752-2851

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AYER

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01432-1832

CD

MA-03

Jobs Reported

143

NAICS Code

335311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

100000.00

Payroll Proceed

2419900.00

Mortgage Interest Proceed

0.00

Rent Proceed

60000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33042

Originating Lender

Main Street Bank

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;