PPP Loan information for American containers inc.

$1,619,500

American containers inc. was initially approved for PPP Loan of amount $1,619,500, the current approved amount is $1,619,500. The loan was approved on 04/09/2020 by The 1st Source Bank reported 138 jobs and $1,619,500 was used to fund payroll.

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

AMERICAN CONTAINERS INC.

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

AMERICAN CONTAINERS INC.

Borrower Address

2526 WESTERN AVE

Borrower City

PLYMOUTH

Borrower State

IN

Borrower Zip

46563-1050

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1619500.00

Current Approval Amount

1619500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PLYMOUTH

Project County Name

MARSHALL

Project State

IN

Project Zip

46563-1050

CD

IN-02

Jobs Reported

138

NAICS Code

322211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1619500.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1628542.21

Forgiveness Date

11/03/2020

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