PPP Loan information for American label group, inc.

$86,500

American label group, inc. was initially approved for PPP Loan of amount $86,500, the current approved amount is $86,500. The loan was approved on 04/28/2020 by The First Merchants Bank reported 13 jobs and $86,500 was used to fund payroll.

American label group, inc. is Existing or more than 2 years old

AMERICAN LABEL GROUP, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AMERICAN LABEL GROUP, INC.

Borrower Address

41878 KOPPERNICK ROAD

Borrower City

CANTON

Borrower State

MI

Borrower Zip

48187-2409

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86500.00

Current Approval Amount

86500.00

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

CANTON

Project County Name

WAYNE

Project State

MI

Project Zip

48187-2409

CD

MI-06

Jobs Reported

13

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

86500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

87298.64

Forgiveness Date

04/01/2021

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