PPP Loan information for American rail engineers corporation

$360,655

American rail engineers corporation was initially approved for PPP Loan of amount $360,655, the current approved amount is $360,655. The loan was approved on 03/06/2021 by The Bank of America, National Association reported 28 jobs and $360,655 was used to fund payroll.

American rail engineers corporation is Existing or more than 2 years old

PPP Loan Search / NH / Hampton / American rail engineers corporation

AMERICAN RAIL ENGINEERS CORPORATION

Date Approved

03/06/2021

SBA Office Code

0189

Processing Method

PPS

Borrower Name

AMERICAN RAIL ENGINEERS CORPORATION

Borrower Address

7 Scott Rd

Borrower City

Hampton

Borrower State

NH

Borrower Zip

03842-1173

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

360655.00

Current Approval Amount

360655.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hampton

Project County Name

ROCKINGHAM

Project State

NH

Project Zip

03842-1173

CD

NH-01

Jobs Reported

28

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

360653.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

362127.26

Forgiveness Date

08/04/2021

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