PPP Loan information for Axel protection systems inc

$1,138,337

Axel protection systems inc was initially approved for PPP Loan of amount $1,138,337, the current approved amount is $1,138,337. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 149 jobs and $1,138,337 was used to fund payroll.

Axel protection systems inc is New Business or 2 years or less

AXEL PROTECTION SYSTEMS INC

Date Approved

05/01/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

AXEL PROTECTION SYSTEMS INC

Borrower Address

9024 161ST ST STE 1

Borrower City

JAMAICA

Borrower State

NY

Borrower Zip

11432-6138

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1138337.00

Current Approval Amount

1138337.00

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

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

JAMAICA

Project County Name

QUEENS

Project State

NY

Project Zip

11432-6138

CD

NY-05

Jobs Reported

149

NAICS Code

561612

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1138337.00

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

1145167.02

Forgiveness Date

12/10/2020

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