PPP Loan information for Astec asphalt inc

$197,283

Astec asphalt inc was initially approved for PPP Loan of amount $197,283, the current approved amount is $197,283. The loan was approved on 04/09/2020 by The Tri-County Bank reported 27 jobs and $197,283 was used to fund payroll.

Astec asphalt inc is Existing or more than 2 years old

ASTEC ASPHALT INC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ASTEC ASPHALT INC

Borrower Address

4270 Toman Road

Borrower City

Brown City

Borrower State

MI

Borrower Zip

48416-9465

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197282.50

Current Approval Amount

197282.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33642

Servicing Lender Name

Tri-County Bank

Servicing Lender Address

4222 Main St

Servicing Lender City

BROWN CITY

Servicing Lender State

MI

Servicing Lender Zip

48416

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brown City

Project County Name

SANILAC

Project State

MI

Project Zip

48416-9465

CD

MI-09

Jobs Reported

27

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

197282.50

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

Corporation

Originating Lender Location Id

33642

Originating Lender

Tri-County Bank

Originating Lender City

BROWN CITY

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

199033.72

Forgiveness Date

03/05/2021

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