PPP Loan information for American scrap metal svs. inc.

$150,000

American scrap metal svs. inc. was initially approved for PPP Loan of amount $150,000, the current approved amount is $150,000. The loan was approved on 04/09/2020 by The Grand Ridge National Bank reported 15 jobs and $150,000 was used to fund payroll.

American scrap metal svs. inc. is Existing or more than 2 years old

AMERICAN SCRAP METAL SVS. INC.

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

AMERICAN SCRAP METAL SVS. INC.

Borrower Address

3837 W 127th St

Borrower City

Alsip

Borrower State

IL

Borrower Zip

60803-1505

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150000.00

Current Approval Amount

150000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21460

Servicing Lender Name

Grand Ridge National Bank

Servicing Lender Address

105 W Main St

Servicing Lender City

GRAND RIDGE

Servicing Lender State

IL

Servicing Lender Zip

61325

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alsip

Project County Name

COOK

Project State

IL

Project Zip

60803-1505

CD

IL-01

Jobs Reported

15

NAICS Code

423930

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

150000.00

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

21460

Originating Lender

Grand Ridge National Bank

Originating Lender City

GRAND RIDGE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

151637.50

Forgiveness Date

05/19/2021

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