PPP Loan information for American it solutions inc

$691,763

American it solutions inc was initially approved for PPP Loan of amount $691,763, the current approved amount is $691,763. The loan was approved on 04/27/2020 by The American Express National Bank reported 55 jobs and $691,763 was used to fund payroll.

American it solutions inc is Existing or more than 2 years old

PPP Loan Search / CT / Wallingford / American it solutions inc

AMERICAN IT SOLUTIONS INC

Date Approved

04/27/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

AMERICAN IT SOLUTIONS INC

Borrower Address

420 Center Street

Borrower City

Wallingford

Borrower State

CT

Borrower Zip

06492

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

691762.50

Current Approval Amount

691762.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wallingford

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06492-0001

CD

CT-03

Jobs Reported

55

NAICS Code

813990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

691762.50

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

Subchapter S Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

698016.79

Forgiveness Date

04/08/2021

;