PPP Loan information for American surplus and manufacturing inc

$1,480,272

American surplus and manufacturing inc was initially approved for PPP Loan of amount $1,480,272, the current approved amount is $1,480,272. The loan was approved on 01/27/2021 by The Citizens Alliance Bank reported 173 jobs and $1,480,272 was used to fund payroll.

American surplus and manufacturing inc is Existing or more than 2 years old

PPP Loan Search / MN / Montevideo / American surplus and manufacturing inc

AMERICAN SURPLUS AND MANUFACTURING INC

Date Approved

01/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

AMERICAN SURPLUS AND MANUFACTURING INC

Borrower Address

3134 E Highway 7

Borrower City

Montevideo

Borrower State

MN

Borrower Zip

56265-1742

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1480272.00

Current Approval Amount

1480272.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36731

Servicing Lender Name

Citizens Alliance Bank

Servicing Lender Address

55 1st St NW

Servicing Lender City

CLARA CITY

Servicing Lender State

MN

Servicing Lender Zip

56222-1271

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Montevideo

Project County Name

CHIPPEWA

Project State

MN

Project Zip

56265-1742

CD

MN-07

Jobs Reported

173

NAICS Code

236210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1480267.00

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

36731

Originating Lender

Citizens Alliance Bank

Originating Lender City

CLARA CITY

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1488666.97

Forgiveness Date

08/25/2021

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