PPP Loan information for American distillation inc

$274,049

American distillation inc was initially approved for PPP Loan of amount $274,049, the current approved amount is $274,049. The loan was approved on 07/24/2020 by The Wells Fargo Bank, National Association reported 25 jobs and $274,049 was used to fund payroll.

American distillation inc is Existing or more than 2 years old

PPP Loan Search / NC / LELAND / American distillation inc

AMERICAN DISTILLATION INC

Date Approved

07/24/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

AMERICAN DISTILLATION INC

Borrower Address

1690 ROYSTER ROAD NE

Borrower City

LELAND

Borrower State

NC

Borrower Zip

28451-7528

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

274049.00

Current Approval Amount

274049.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LELAND

Project County Name

BRUNSWICK

Project State

NC

Project Zip

28451-7528

CD

NC-07

Jobs Reported

25

NAICS Code

325199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

274049.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

276166.31

Forgiveness Date

05/06/2021

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