PPP Loan information for American precision avionics

$540,516

American precision avionics was initially approved for PPP Loan of amount $540,516, the current approved amount is $540,516. The loan was approved on 04/13/2020 by The First American Bank reported 73 jobs and $540,516 was used to fund payroll.

American precision avionics is Existing or more than 2 years old

PPP Loan Search / MN / DULUTH / American precision avionics

AMERICAN PRECISION AVIONICS

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AMERICAN PRECISION AVIONICS

Borrower Address

3815 Prosperity Rd

Borrower City

DULUTH

Borrower State

MN

Borrower Zip

55811-4059

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

540516.35

Current Approval Amount

540516.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21238

Servicing Lender Name

First American Bank

Servicing Lender Address

700 Busse Rd

Servicing Lender City

ELK GROVE VILLAGE

Servicing Lender State

IL

Servicing Lender Zip

60007-2137

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DULUTH

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55811-4059

CD

MN-08

Jobs Reported

73

NAICS Code

334419

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

540516.35

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

21238

Originating Lender

First American Bank

Originating Lender City

ELK GROVE VILLAGE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

544615.27

Forgiveness Date

01/25/2021

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