PPP Loan information for American contract group inc

$1,356,002

American contract group inc was initially approved for PPP Loan of amount $1,356,002, the current approved amount is $1,356,002. The loan was approved on 01/26/2021 by The Santander Bank, National Association reported 50 jobs and $1,356,002 was used to fund payroll.

American contract group inc is Existing or more than 2 years old

AMERICAN CONTRACT GROUP INC

Date Approved

01/26/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

AMERICAN CONTRACT GROUP INC

Borrower Address

300 Wildwood Ave Ste 260

Borrower City

Woburn

Borrower State

MA

Borrower Zip

01801-6815

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1356002.00

Current Approval Amount

1356002.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Woburn

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01801-6815

CD

MA-05

Jobs Reported

50

NAICS Code

561320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1355998.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1364732.42

Forgiveness Date

09/21/2021

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