PPP Loan information for American equipment & trailer, inc

$749,000

American equipment & trailer, inc was initially approved for PPP Loan of amount $749,000, the current approved amount is $749,000. The loan was approved on 04/05/2020 by The City Bank reported 56 jobs and $749,000 was used to fund payroll.

American equipment & trailer, inc is Existing or more than 2 years old

AMERICAN EQUIPMENT & TRAILER, INC

Date Approved

04/05/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

AMERICAN EQUIPMENT & TRAILER, INC

Borrower Address

610 N Grand ST

Borrower City

AMARILLO

Borrower State

TX

Borrower Zip

79107-5736

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

749000.00

Current Approval Amount

749000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71330

Servicing Lender Name

City Bank

Servicing Lender Address

5219 City Bank Pkwy

Servicing Lender City

LUBBOCK

Servicing Lender State

TX

Servicing Lender Zip

79407-3544

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AMARILLO

Project County Name

POTTER

Project State

TX

Project Zip

79107-5736

CD

TX-13

Jobs Reported

56

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

74900.00

Payroll Proceed

599200.00

Mortgage Interest Proceed

74900.00

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

71330

Originating Lender

City Bank

Originating Lender City

LUBBOCK

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

754887.97

Forgiveness Date

01/20/2021

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