PPP Loan information for American steel inc.

$502,900

American steel inc. was initially approved for PPP Loan of amount $502,900, the current approved amount is $502,900. The loan was approved on 01/16/2021 by The The Yellowstone Bank reported 42 jobs and $502,900 was used to fund payroll.

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

PPP Loan Search / MT / Billings / American steel inc.

AMERICAN STEEL INC.

Date Approved

01/16/2021

SBA Office Code

0885

Processing Method

PPS

Borrower Name

AMERICAN STEEL INC.

Borrower Address

1655 Coulson Rd

Borrower City

Billings

Borrower State

MT

Borrower Zip

59101-7456

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

502900.00

Current Approval Amount

502900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41949

Servicing Lender Name

The Yellowstone Bank

Servicing Lender Address

12 1st Ave

Servicing Lender City

LAUREL

Servicing Lender State

MT

Servicing Lender Zip

59044-3102

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Billings

Project County Name

YELLOWSTONE

Project State

MT

Project Zip

59101-7456

CD

MT-02

Jobs Reported

42

NAICS Code

332312

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

502898.00

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

41949

Originating Lender

The Yellowstone Bank

Originating Lender City

LAUREL

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

506000.07

Forgiveness Date

09/07/2021

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