PPP Loan information for Amg, inc.

$1,659,600

Amg, inc. was initially approved for PPP Loan of amount $165,806, the current approved amount is $1,659,600. The loan was approved on 04/10/2020 by The Truist Bank reported 118 jobs and $1,659,600 was used to fund payroll.

Amg, inc. is Existing or more than 2 years old

AMG, INC.

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

AMG, INC.

Borrower Address

301 JEFFERSON RIDGE PKWY

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24501-6950

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

165806.25

Current Approval Amount

1659600.00

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

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24501-6950

CD

VA-05

Jobs Reported

118

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1659600.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1670617.90

Forgiveness Date

12/31/2020

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