PPP Loan information for The american utility corp

$399,200

The american utility corp was initially approved for PPP Loan of amount $399,200, the current approved amount is $399,200. The loan was approved on 04/30/2020 by The Truist Bank reported 37 jobs and $399,200 was used to fund payroll.

The american utility corp is New Business or 2 years or less

THE AMERICAN UTILITY CORP

Date Approved

04/30/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

THE AMERICAN UTILITY CORP

Borrower Address

1044 Shortline Road

Borrower City

LEBANON

Borrower State

KY

Borrower Zip

40033-8905

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

399200.00

Current Approval Amount

399200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LEBANON

Project County Name

WASHINGTON

Project State

KY

Project Zip

40033-8905

CD

KY-01

Jobs Reported

37

NAICS Code

517919

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

399200.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

402559.93

Forgiveness Date

03/11/2021

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