PPP Loan information for American equipment, llc

$2,058,422

American equipment, llc was initially approved for PPP Loan of amount $2,058,422, the current approved amount is $2,058,422. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 500 jobs and $2,058,422 was used to fund payroll.

American equipment, llc is Existing or more than 2 years old

PPP Loan Search / UT / SALT LAKE CITY / American equipment, llc

AMERICAN EQUIPMENT, LLC

Date Approved

05/01/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

AMERICAN EQUIPMENT, LLC

Borrower Address

451 WEST 3440 SOUTH

Borrower City

SALT LAKE CITY

Borrower State

UT

Borrower Zip

84115

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2058422.00

Current Approval Amount

2058422.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALT LAKE CITY

Project County Name

SALT LAKE

Project State

UT

Project Zip

84115-1200

CD

UT-02

Jobs Reported

500

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

102488.00

Payroll Proceed

1620254.00

Mortgage Interest Proceed

0.00

Rent Proceed

126332.00

Refinance EIDL Proceed

0.00

Health Care Proceed

177938.00

Debt Interest Proceed

31410

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2081116.10

Forgiveness Date

06/11/2021

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