PPP Loan information for American instrument exchg inc

$100,000

American instrument exchg inc was initially approved for PPP Loan of amount $100,000, the current approved amount is $100,000. The loan was approved on 04/03/2020 by The Pentucket Bank reported 10 jobs and $100,000 was used to fund payroll.

American instrument exchg inc is Existing or more than 2 years old

PPP Loan Search / MA / HAVERHILL / American instrument exchg inc

AMERICAN INSTRUMENT EXCHG INC

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

AMERICAN INSTRUMENT EXCHG INC

Borrower Address

1023 WESTERN AVE

Borrower City

HAVERHILL

Borrower State

MA

Borrower Zip

01832-3568

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100000.00

Current Approval Amount

100000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32855

Servicing Lender Name

Pentucket Bank

Servicing Lender Address

1 Merrimack St

Servicing Lender City

HAVERHILL

Servicing Lender State

MA

Servicing Lender Zip

01830-6231

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAVERHILL

Project County Name

ESSEX

Project State

MA

Project Zip

01832-3568

CD

MA-03

Jobs Reported

10

NAICS Code

423490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

75000.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

32855

Originating Lender

Pentucket Bank

Originating Lender City

HAVERHILL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

90557.50

Forgiveness Date

11/20/2020

;