PPP Loan information for American traction systems

$250,600

American traction systems was initially approved for PPP Loan of amount $250,600, the current approved amount is $250,600. The loan was approved on 04/09/2020 by The Truist Bank reported 13 jobs and $250,600 was used to fund payroll.

American traction systems is Existing or more than 2 years old

PPP Loan Search / FL / FORT MYERS / American traction systems

AMERICAN TRACTION SYSTEMS

Date Approved

04/09/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

AMERICAN TRACTION SYSTEMS

Borrower Address

10030 AMBERWOOD RD

Borrower City

FORT MYERS

Borrower State

FL

Borrower Zip

33913-8501

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250600.00

Current Approval Amount

250600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT MYERS

Project County Name

LEE

Project State

FL

Project Zip

33913-8501

CD

FL-19

Jobs Reported

13

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250600.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

242204.00

Forgiveness Date

12/17/2020

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