PPP Loan information for American steel inc.

$473,500

American steel inc. was initially approved for PPP Loan of amount $473,500, the current approved amount is $473,500. The loan was approved on 04/03/2020 by The The Yellowstone Bank reported 42 jobs and $473,500 was used to fund payroll.

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

AMERICAN STEEL INC.

Date Approved

04/03/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

AMERICAN STEEL INC.

Borrower Address

1655 Coulson Road

Borrower City

BILLINGS

Borrower State

MT

Borrower Zip

59101-7456

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

473500.00

Current Approval Amount

473500.00

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

238120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

473500.00

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

476222.62

Forgiveness Date

11/03/2020

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