PPP Loan information for Applied motion solutions inc dba ams industrial sales inc

$49,738

Applied motion solutions inc dba ams industrial sales inc was initially approved for PPP Loan of amount $49,738, the current approved amount is $49,738. The loan was approved on 02/02/2021 by The Citizens Bank, National Association reported 6 jobs and $49,738 was used to fund payroll.

Applied motion solutions inc dba ams industrial sales inc is Existing or more than 2 years old

APPLIED MOTION SOLUTIONS INC DBA AMS INDUSTRIAL SALES INC

Date Approved

02/02/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

APPLIED MOTION SOLUTIONS INC DBA AMS INDUSTRIAL SALES INC

Borrower Address

21 Harrison Dr

Borrower City

Cromwell

Borrower State

CT

Borrower Zip

06416-2011

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49737.50

Current Approval Amount

49737.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cromwell

Project County Name

MIDDLESEX

Project State

CT

Project Zip

06416-2011

CD

CT-01

Jobs Reported

6

NAICS Code

541690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49736.50

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50116.32

Forgiveness Date

11/17/2021

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