PPP Loan information for American industrial training inc.

$132,501

American industrial training inc. was initially approved for PPP Loan of amount $132,501, the current approved amount is $132,501. The loan was approved on 01/30/2021 by The First Merchants Bank reported 13 jobs and $132,501 was used to fund payroll.

American industrial training inc. is Existing or more than 2 years old

AMERICAN INDUSTRIAL TRAINING INC.

Date Approved

01/30/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

AMERICAN INDUSTRIAL TRAINING INC.

Borrower Address

23891 Vreeland Rd

Borrower City

Flat Rock

Borrower State

MI

Borrower Zip

48134-9409

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

132501.25

Current Approval Amount

132501.25

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

Flat Rock

Project County Name

WAYNE

Project State

MI

Project Zip

48134-9409

CD

MI-06

Jobs Reported

13

NAICS Code

541618

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

132496.25

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

133278.11

Forgiveness Date

09/08/2021

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