PPP Loan information for American material company

$86,787

American material company was initially approved for PPP Loan of amount $86,787, the current approved amount is $86,787. The loan was approved on 05/12/2020 by The PNC Bank, National Association reported 8 jobs and $86,787 was used to fund payroll.

American material company is Existing or more than 2 years old

AMERICAN MATERIAL COMPANY

Date Approved

05/12/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

AMERICAN MATERIAL COMPANY

Borrower Address

1200 W Flint Street

Borrower City

LAKE ELSINORE

Borrower State

CA

Borrower Zip

92530

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86787.00

Current Approval Amount

86787.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAKE ELSINORE

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92530-0400

CD

CA-41

Jobs Reported

8

NAICS Code

453998

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

84787.00

Mortgage Interest Proceed

1000.00

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

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

87712.73

Forgiveness Date

06/02/2021

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