PPP Loan information for Amerr rugs inc

$150,612

Amerr rugs inc was initially approved for PPP Loan of amount $150,612, the current approved amount is $150,612. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 16 jobs and $150,612 was used to fund payroll.

Amerr rugs inc is Existing or more than 2 years old

PPP Loan Search / GA / NORCROSS / Amerr rugs inc

AMERR RUGS INC

Date Approved

05/01/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

AMERR RUGS INC

Borrower Address

3000 PACIFIC DR

Borrower City

NORCROSS

Borrower State

GA

Borrower Zip

30071

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150612.00

Current Approval Amount

150612.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORCROSS

Project County Name

GWINNETT

Project State

GA

Project Zip

30071-1000

CD

GA-07

Jobs Reported

16

NAICS Code

423990

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

150612.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

151668.35

Forgiveness Date

01/19/2021

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