PPP Loan information for American excavating corp

$619,100

American excavating corp was initially approved for PPP Loan of amount $619,100, the current approved amount is $619,100. The loan was approved on 04/07/2020 by The Enterprise Bank and Trust Company reported 27 jobs and $619,100 was used to fund payroll.

American excavating corp is Existing or more than 2 years old

AMERICAN EXCAVATING CORP

Date Approved

04/07/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

AMERICAN EXCAVATING CORP

Borrower Address

5 MADDEN RD

Borrower City

DERRY

Borrower State

NH

Borrower Zip

03038-2245

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

619100.00

Current Approval Amount

619100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DERRY

Project County Name

ROCKINGHAM

Project State

NH

Project Zip

03038-2245

CD

NH-01

Jobs Reported

27

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3800.00

Payroll Proceed

552700.00

Mortgage Interest Proceed

0.00

Rent Proceed

17600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

45000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

623966.81

Forgiveness Date

01/26/2021

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