PPP Loan information for American rail engineers corporation

$346,295

American rail engineers corporation was initially approved for PPP Loan of amount $346,295, the current approved amount is $346,295. The loan was approved on 04/16/2020 by The Bank of America, National Association reported 23 jobs and $346,295 was used to fund payroll.

American rail engineers corporation is Existing or more than 2 years old

PPP Loan Search / NH / HAMPTON / American rail engineers corporation

AMERICAN RAIL ENGINEERS CORPORATION

Date Approved

04/16/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

AMERICAN RAIL ENGINEERS CORPORATION

Borrower Address

5R MERRILL INDUSTRIAL DR

Borrower City

HAMPTON

Borrower State

NH

Borrower Zip

03842

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

346295.00

Current Approval Amount

346295.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAMPTON

Project County Name

ROCKINGHAM

Project State

NH

Project Zip

03842-1000

CD

NH-01

Jobs Reported

23

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

346295.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

338506.25

Forgiveness Date

12/17/2020

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