PPP Loan information for Americal, inc.

$16,200

Americal, inc. was initially approved for PPP Loan of amount $16,200, the current approved amount is $16,200. The loan was approved on 04/13/2020 by The Manufacturers Bank & Trust Company reported 4 jobs and $16,200 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

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AMERICAL, INC.

Borrower Address

514 W MAIN ST

Borrower City

ALBERT LEA

Borrower State

MN

Borrower Zip

56007-2601

Loan Status Date

03/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16200.00

Current Approval Amount

16200.00

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

2025.00

Payroll Proceed

12150.00

Mortgage Interest Proceed

0.00

Rent Proceed

2025.00

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

16326.45

Forgiveness Date

02/01/2021

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