PPP Loan information for American cutting & drilling co

$258,273

American cutting & drilling co was initially approved for PPP Loan of amount $258,273, the current approved amount is $258,273. The loan was approved on 04/14/2020 by The Centennial Bank reported 16 jobs and $258,273 was used to fund payroll.

American cutting & drilling co is Existing or more than 2 years old

PPP Loan Search / FL / POMPANO BEACH / American cutting & drilling co

AMERICAN CUTTING & DRILLING CO

Date Approved

04/14/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

AMERICAN CUTTING & DRILLING CO

Borrower Address

2920 NW 22ND TERRACE

Borrower City

POMPANO BEACH

Borrower State

FL

Borrower Zip

33069-1045

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

258272.75

Current Approval Amount

258272.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4392

Servicing Lender Name

Centennial Bank

Servicing Lender Address

620 Chestnut St

Servicing Lender City

CONWAY

Servicing Lender State

AR

Servicing Lender Zip

72032-5404

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

POMPANO BEACH

Project County Name

BROWARD

Project State

FL

Project Zip

33069-1045

CD

FL-23

Jobs Reported

16

NAICS Code

238910

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

258272.75

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

4392

Originating Lender

Centennial Bank

Originating Lender City

CONWAY

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

260940.39

Forgiveness Date

05/05/2021

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