PPP Loan information for Astec inc.

$295,800

Astec inc. was initially approved for PPP Loan of amount $295,800, the current approved amount is $295,800. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 29 jobs and $295,800 was used to fund payroll.

Astec inc. is Existing or more than 2 years old

ASTEC INC.

Date Approved

04/15/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

ASTEC INC.

Borrower Address

1554 Lorewood Grove Rd.

Borrower City

Middletown

Borrower State

DE

Borrower Zip

19709

Loan Status Date

10/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

295800.00

Current Approval Amount

295800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Middletown

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19709-0001

CD

DE-

Jobs Reported

29

NAICS Code

238990

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

295800.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

299957.41

Forgiveness Date

09/23/2021

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