PPP Loan information for Americal inc

$16,260

Americal inc was initially approved for PPP Loan of amount $16,260, the current approved amount is $16,260. The loan was approved on 01/21/2021 by The Manufacturers Bank & Trust Company reported 4 jobs and $16,260 was used to fund payroll.

Americal inc is Existing or more than 2 years old

PPP Loan Search / MN / Albert Lea / Americal inc

AMERICAL INC

Date Approved

01/21/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

AMERICAL INC

Borrower Address

514 W Main St

Borrower City

Albert Lea

Borrower State

MN

Borrower Zip

56007-2601

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

16260.00

Current Approval Amount

16260.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25006

Servicing Lender Name

Manufacturers Bank & Trust Company

Servicing Lender Address

245 E 'J' St

Servicing Lender City

FOREST CITY

Servicing Lender State

IA

Servicing Lender Zip

50436

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Albert Lea

Project County Name

FREEBORN

Project State

MN

Project Zip

56007-2601

CD

MN-01

Jobs Reported

4

NAICS Code

323111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

16257.00

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

25006

Originating Lender

Manufacturers Bank & Trust Company

Originating Lender City

FOREST CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

16337.24

Forgiveness Date

07/19/2021

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