PPP Loan information for American contract systems, inc.

$1,894,800

American contract systems, inc. was initially approved for PPP Loan of amount $1,894,800, the current approved amount is $1,894,800. The loan was approved on 04/09/2020 by The Old National Bank reported 198 jobs and $1,894,800 was used to fund payroll.

American contract systems, inc. is Existing or more than 2 years old

PPP Loan Search / MN / MINNEAPOLIS / American contract systems, inc.

AMERICAN CONTRACT SYSTEMS, INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AMERICAN CONTRACT SYSTEMS, INC.

Borrower Address

4801 W 81ST ST SUITE 110

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55437-1109

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1894800.00

Current Approval Amount

1894800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55437-1109

CD

MN-03

Jobs Reported

198

NAICS Code

339113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1894800.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1906116.89

Forgiveness Date

11/23/2020

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