PPP Loan information for American combustion industries, inc.

$2,567,600

American combustion industries, inc. was initially approved for PPP Loan of amount $2,567,600, the current approved amount is $2,567,600. The loan was approved on 04/28/2020 by The Orrstown Bank reported 115 jobs and $2,567,600 was used to fund payroll.

American combustion industries, inc. is Existing or more than 2 years old

AMERICAN COMBUSTION INDUSTRIES, INC.

Date Approved

04/28/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

AMERICAN COMBUSTION INDUSTRIES, INC.

Borrower Address

7100 Holladay Tyler Road Suite 233

Borrower City

GLENN DALE

Borrower State

MD

Borrower Zip

20769-9470

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2567600.00

Current Approval Amount

2567600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61196

Servicing Lender Name

Orrstown Bank

Servicing Lender Address

77 E King St

Servicing Lender City

SHIPPENSBURG

Servicing Lender State

PA

Servicing Lender Zip

17257-1307

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLENN DALE

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20769-9470

CD

MD-04

Jobs Reported

115

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2567600.00

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

61196

Originating Lender

Orrstown Bank

Originating Lender City

SHIPPENSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2595808.43

Forgiveness Date

06/11/2021

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