PPP Loan information for American gear manufacturers association

$423,291

American gear manufacturers association was initially approved for PPP Loan of amount $423,291, the current approved amount is $423,291. The loan was approved on 02/23/2021 by The Truist Bank reported 22 jobs and $423,291 was used to fund payroll.

American gear manufacturers association is Existing or more than 2 years old

AMERICAN GEAR MANUFACTURERS ASSOCIATION

Date Approved

02/23/2021

SBA Office Code

0353

Processing Method

PPP

Borrower Name

AMERICAN GEAR MANUFACTURERS ASSOCIATION

Borrower Address

1001 N Fairfax St Ste 500

Borrower City

Alexandria

Borrower State

VA

Borrower Zip

22314-1587

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

423291.02

Current Approval Amount

423291.02

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alexandria

Project County Name

ALEXANDRIA CITY

Project State

VA

Project Zip

22314-1587

CD

VA-08

Jobs Reported

22

NAICS Code

813990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

423289.02

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

501(c)6 – Non Profit Membership

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

425630.88

Forgiveness Date

09/14/2021

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