PPP Loan information for American handling systems, inc

$688,200

American handling systems, inc was initially approved for PPP Loan of amount $688,200, the current approved amount is $688,200. The loan was approved on 04/07/2020 by The Community State Bank reported 51 jobs and $688,200 was used to fund payroll.

American handling systems, inc is Existing or more than 2 years old

AMERICAN HANDLING SYSTEMS, INC

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

AMERICAN HANDLING SYSTEMS, INC

Borrower Address

191 NORTH RUSH LAKE RD

Borrower City

LAURENS

Borrower State

IA

Borrower Zip

50554-1250

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

688200.00

Current Approval Amount

688200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24536

Servicing Lender Name

Community State Bank

Servicing Lender Address

1812 Hwy Blvd

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-2211

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAURENS

Project County Name

POCAHONTAS

Project State

IA

Project Zip

50554-1250

CD

IA-04

Jobs Reported

51

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16000.00

Payroll Proceed

535100.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

92100.00

Debt Interest Proceed

45000

Business Type

Corporation

Originating Lender Location Id

24536

Originating Lender

Community State Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

695005.53

Forgiveness Date

04/08/2021

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