PPP Loan information for American material handling corp

$87,525

American material handling corp was initially approved for PPP Loan of amount $87,525, the current approved amount is $87,525. The loan was approved on 04/15/2020 by The Abington Bank reported 6 jobs and $87,525 was used to fund payroll.

American material handling corp is Existing or more than 2 years old

AMERICAN MATERIAL HANDLING CORP

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

AMERICAN MATERIAL HANDLING CORP

Borrower Address

250 CAPE HWY

Borrower City

EAST TAUNTON

Borrower State

MA

Borrower Zip

02718-1580

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87525.00

Current Approval Amount

87525.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89069

Servicing Lender Name

Abington Bank

Servicing Lender Address

6 Harrison Ave

Servicing Lender City

ABINGTON

Servicing Lender State

MA

Servicing Lender Zip

02351-1877

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST TAUNTON

Project County Name

BRISTOL

Project State

MA

Project Zip

02718-1580

CD

MA-04

Jobs Reported

6

NAICS Code

423990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

87525.00

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

89069

Originating Lender

Abington Bank

Originating Lender City

ABINGTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

88395.45

Forgiveness Date

04/22/2021

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