PPP Loan information for American venture industrial co.

$597,600

American venture industrial co. was initially approved for PPP Loan of amount $597,600, the current approved amount is $597,600. The loan was approved on 01/30/2021 by The Traditional Bank, Inc. reported 33 jobs and $597,600 was used to fund payroll.

American venture industrial co. is Existing or more than 2 years old

PPP Loan Search / KY / Nicholasville / American venture industrial co.

AMERICAN VENTURE INDUSTRIAL CO.

Date Approved

01/30/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

AMERICAN VENTURE INDUSTRIAL CO.

Borrower Address

131 Dewey Dr

Borrower City

Nicholasville

Borrower State

KY

Borrower Zip

40356-9709

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

597600.00

Current Approval Amount

597600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27631

Servicing Lender Name

Traditional Bank, Inc.

Servicing Lender Address

49 W Main St

Servicing Lender City

MOUNT STERLING

Servicing Lender State

KY

Servicing Lender Zip

40353-1316

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Nicholasville

Project County Name

JESSAMINE

Project State

KY

Project Zip

40356-9709

CD

KY-06

Jobs Reported

33

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

597597.00

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

27631

Originating Lender

Traditional Bank, Inc.

Originating Lender City

MOUNT STERLING

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

601251.09

Forgiveness Date

09/15/2021

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