PPP Loan information for American hydrostatics distribution, inc.

$421,200

American hydrostatics distribution, inc. was initially approved for PPP Loan of amount $421,200, the current approved amount is $421,200. The loan was approved on 04/16/2020 by The First Merchants Bank reported 36 jobs and $421,200 was used to fund payroll.

American hydrostatics distribution, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Troy / American hydrostatics distribution, inc.

AMERICAN HYDROSTATICS DISTRIBUTION, INC.

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AMERICAN HYDROSTATICS DISTRIBUTION, INC.

Borrower Address

3221 West Big Beaver Rd Suite 119

Borrower City

Troy

Borrower State

MI

Borrower Zip

48084-2810

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

421200.00

Current Approval Amount

421200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Troy

Project County Name

OAKLAND

Project State

MI

Project Zip

48084-2810

CD

MI-11

Jobs Reported

36

NAICS Code

221111

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

421200.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

424315.73

Forgiveness Date

01/14/2021

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