PPP Loan information for Americo manufacturing co., inc

$2,314,000

Americo manufacturing co., inc was initially approved for PPP Loan of amount $2,314,000, the current approved amount is $2,314,000. The loan was approved on 04/14/2020 by The Cadence Bank reported 239 jobs and $2,314,000 was used to fund payroll.

Americo manufacturing co., inc is Existing or more than 2 years old

AMERICO MANUFACTURING CO., INC

Date Approved

04/14/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

AMERICO MANUFACTURING CO., INC

Borrower Address

6224 North Main Street Southeast

Borrower City

ACWORTH

Borrower State

GA

Borrower Zip

30101-3330

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2314000.00

Current Approval Amount

2314000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ACWORTH

Project County Name

BARTOW

Project State

GA

Project Zip

30101-3330

CD

GA-11

Jobs Reported

239

NAICS Code

326111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2314000.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2339839.67

Forgiveness Date

06/11/2021

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