PPP Loan information for American machine & gear inc.

$453,497

American machine & gear inc. was initially approved for PPP Loan of amount $453,497, the current approved amount is $453,497. The loan was approved on 01/27/2021 by The Umpqua Bank reported 25 jobs and $453,497 was used to fund payroll.

American machine & gear inc. is Existing or more than 2 years old

AMERICAN MACHINE & GEAR INC.

Date Approved

01/27/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

AMERICAN MACHINE & GEAR INC.

Borrower Address

2770 NW Industrial St

Borrower City

Portland

Borrower State

OR

Borrower Zip

97210-1829

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

453497.00

Current Approval Amount

453497.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portland

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97210-1829

CD

OR-01

Jobs Reported

25

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

453495.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

455957.07

Forgiveness Date

08/20/2021

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