PPP Loan information for Applied textiles inc

$934,847

Applied textiles inc was initially approved for PPP Loan of amount $934,847, the current approved amount is $934,847. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 95 jobs and $934,847 was used to fund payroll.

Applied textiles inc is New Business or 2 years or less

PPP Loan Search / MI / Byron Center / Applied textiles inc

APPLIED TEXTILES INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

APPLIED TEXTILES INC

Borrower Address

555 76th St Sw

Borrower City

Byron Center

Borrower State

MI

Borrower Zip

49315

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

934847.00

Current Approval Amount

934847.00

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

Byron Center

Project County Name

KENT

Project State

MI

Project Zip

49315-0001

CD

MI-03

Jobs Reported

95

NAICS Code

561990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

934847.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

942095.27

Forgiveness Date

02/10/2021

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