PPP Loan information for American reinforcing steel erectors inc.

$325,000

American reinforcing steel erectors inc. was initially approved for PPP Loan of amount $325,000, the current approved amount is $325,000. The loan was approved on 04/14/2020 by The Customers Bank reported 41 jobs and $325,000 was used to fund payroll.

American reinforcing steel erectors inc. is Existing or more than 2 years old

AMERICAN REINFORCING STEEL ERECTORS INC.

Date Approved

04/14/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

AMERICAN REINFORCING STEEL ERECTORS INC.

Borrower Address

9040 Pine Tree Circle

Borrower City

Gainesville

Borrower State

GA

Borrower Zip

30506

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

325000.00

Current Approval Amount

325000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gainesville

Project County Name

HALL

Project State

GA

Project Zip

30506-1000

CD

GA-09

Jobs Reported

41

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

325000.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

327341.78

Forgiveness Date

01/20/2021

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