PPP Loan information for American machine & gun drilling co.

$165,700

American machine & gun drilling co. was initially approved for PPP Loan of amount $165,700, the current approved amount is $165,700. The loan was approved on 04/10/2020 by The Premier Bank reported 10 jobs and $165,700 was used to fund payroll.

American machine & gun drilling co. is Existing or more than 2 years old

AMERICAN MACHINE & GUN DRILLING CO.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AMERICAN MACHINE & GUN DRILLING CO.

Borrower Address

10987 93RD AVE

Borrower City

MAPLE GROVE

Borrower State

MN

Borrower Zip

55369-4105

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

165700.00

Current Approval Amount

165700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38359

Servicing Lender Name

Premier Bank

Servicing Lender Address

2866 White Bear Ave

Servicing Lender City

MAPLEWOOD

Servicing Lender State

MN

Servicing Lender Zip

55109-1301

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAPLE GROVE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55369-4105

CD

MN-03

Jobs Reported

10

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

165700.00

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

Subchapter S Corporation

Originating Lender Location Id

38359

Originating Lender

Premier Bank

Originating Lender City

MAPLEWOOD

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

166615.95

Forgiveness Date

11/03/2020

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