PPP Loan information for Amerail systems inc

$254,000

Amerail systems inc was initially approved for PPP Loan of amount $254,000, the current approved amount is $254,000. The loan was approved on 04/06/2020 by The Marquette Savings Bank reported 13 jobs and $254,000 was used to fund payroll.

Amerail systems inc is Existing or more than 2 years old

AMERAIL SYSTEMS INC

Date Approved

04/06/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

AMERAIL SYSTEMS INC

Borrower Address

2301 A WEST 12TH ST

Borrower City

ERIE

Borrower State

PA

Borrower Zip

16505-4539

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

254000.00

Current Approval Amount

254000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87473

Servicing Lender Name

Marquette Savings Bank

Servicing Lender Address

920 Peach St

Servicing Lender City

ERIE

Servicing Lender State

PA

Servicing Lender Zip

16501-1404

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ERIE

Project County Name

ERIE

Project State

PA

Project Zip

16505-4539

CD

PA-16

Jobs Reported

13

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

254000.00

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

87473

Originating Lender

Marquette Savings Bank

Originating Lender City

ERIE

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

245383.78

Forgiveness Date

11/09/2020

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