PPP Loan information for Amac inc

$276,500

Amac inc was initially approved for PPP Loan of amount $276,500, the current approved amount is $276,500. The loan was approved on 04/03/2020 by The Timberline Bank reported 60 jobs and $276,500 was used to fund payroll.

Amac inc is Existing or more than 2 years old

AMAC INC

Date Approved

04/03/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

AMAC INC

Borrower Address

72997 O72 RD

Borrower City

MONTROSE

Borrower State

CO

Borrower Zip

81401-7699

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

276500.00

Current Approval Amount

276500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

426411

Servicing Lender Name

Timberline Bank

Servicing Lender Address

649 Market Street

Servicing Lender City

GRAND JUNCTION

Servicing Lender State

CO

Servicing Lender Zip

81505

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTROSE

Project County Name

MONTROSE

Project State

CO

Project Zip

81401-7699

CD

CO-03

Jobs Reported

60

NAICS Code

722513

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

276500.00

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

426411

Originating Lender

Timberline Bank

Originating Lender City

GRAND JUNCTION

Originating Lender State

CO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

278112.92

Forgiveness Date

11/05/2020

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