PPP Loan information for Sauer compressors usa inc

$818,702

Sauer compressors usa inc was initially approved for PPP Loan of amount $818,702, the current approved amount is $818,702. The loan was approved on 04/15/2020 by The Bank of America, National Association reported 52 jobs and $818,702 was used to fund payroll.

Sauer compressors usa inc is New Business or 2 years or less

SAUER COMPRESSORS USA INC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SAUER COMPRESSORS USA INC

Borrower Address

245 LOG CANOE CIR

Borrower City

STEVENSVILLE

Borrower State

MD

Borrower Zip

21666-2165

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

818702.00

Current Approval Amount

818702.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

STEVENSVILLE

Project County Name

QUEEN ANNES

Project State

MD

Project Zip

21666-2165

CD

MD-01

Jobs Reported

52

NAICS Code

236210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

818702.00

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

826709.58

Forgiveness Date

04/15/2021

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