PPP Loan information for Am-rail construction inc.

$149,137

Am-rail construction inc. was initially approved for PPP Loan of amount $149,137, the current approved amount is $149,137. The loan was approved on 03/28/2021 by The Customers Bank reported 50 jobs and $149,137 was used to fund payroll.

Am-rail construction inc. is Existing or more than 2 years old

AM-RAIL CONSTRUCTION INC.

Date Approved

03/28/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

AM-RAIL CONSTRUCTION INC.

Borrower Address

4600 Sapp Rd N/A

Borrower City

Kannapolis

Borrower State

NC

Borrower Zip

28083-8646

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

149137.00

Current Approval Amount

149137.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kannapolis

Project County Name

CABARRUS

Project State

NC

Project Zip

28083-8646

CD

NC-08

Jobs Reported

50

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

149135.00

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

Subchapter S Corporation

Originating Lender Location Id

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

150256.55

Forgiveness Date

01/03/2022

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