PPP Loan information for American collateral lenders inc

$85,400

American collateral lenders inc was initially approved for PPP Loan of amount $85,400, the current approved amount is $85,400. The loan was approved on 04/09/2020 by The Commerce Bank reported 5 jobs and $85,400 was used to fund payroll.

American collateral lenders inc is Existing or more than 2 years old

AMERICAN COLLATERAL LENDERS INC

Date Approved

04/09/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

AMERICAN COLLATERAL LENDERS INC

Borrower Address

8028 Mullen Road

Borrower City

LENEXA

Borrower State

KS

Borrower Zip

66215-5398

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85400.00

Current Approval Amount

85400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LENEXA

Project County Name

JOHNSON

Project State

KS

Project Zip

66215-5398

CD

KS-03

Jobs Reported

5

NAICS Code

453310

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1500.00

Payroll Proceed

77500.00

Mortgage Interest Proceed

0.00

Rent Proceed

6400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

86237.39

Forgiveness Date

04/06/2021

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