PPP Loan information for Ampex screw mfg inc

$123,703

Ampex screw mfg inc was initially approved for PPP Loan of amount $123,703, the current approved amount is $123,703. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 11 jobs and $123,703 was used to fund payroll.

Ampex screw mfg inc is New Business or 2 years or less

AMPEX SCREW MFG INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

AMPEX SCREW MFG INC

Borrower Address

2936 MALMO DR

Borrower City

ARLINGTON HEIGHTS

Borrower State

IL

Borrower Zip

60005-4726

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123703.00

Current Approval Amount

123703.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ARLINGTON HEIGHTS

Project County Name

COOK

Project State

IL

Project Zip

60005-4726

CD

IL-03

Jobs Reported

11

NAICS Code

332722

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

123703.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

124655.34

Forgiveness Date

02/10/2021

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