PPP Loan information for American resources corporation

$2,649,800

American resources corporation was initially approved for PPP Loan of amount $2,649,800, the current approved amount is $2,649,800. The loan was approved on 04/13/2020 by The Merchants Bank of Indiana reported 238 jobs and $2,649,800 was used to fund payroll.

American resources corporation is Existing or more than 2 years old

PPP Loan Search / IN / FISHERS / American resources corporation

AMERICAN RESOURCES CORPORATION

Date Approved

04/13/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

AMERICAN RESOURCES CORPORATION

Borrower Address

12115 VISIONARY WAY Suite 174

Borrower City

FISHERS

Borrower State

IN

Borrower Zip

46038-3069

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2649800.00

Current Approval Amount

2649800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24315

Servicing Lender Name

Merchants Bank of Indiana

Servicing Lender Address

410 Monon Blvd

Servicing Lender City

CARMEL

Servicing Lender State

IN

Servicing Lender Zip

46032-6945

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FISHERS

Project County Name

HAMILTON

Project State

IN

Project Zip

46038-3069

CD

IN-05

Jobs Reported

238

NAICS Code

212210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2649800.00

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

24315

Originating Lender

Merchants Bank of Indiana

Originating Lender City

CARMEL

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1548561.14

Forgiveness Date

01/28/2022

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