PPP Loan information for Americrane & equipment inc

$551,900

Americrane & equipment inc was initially approved for PPP Loan of amount $551,900, the current approved amount is $551,900. The loan was approved on 04/30/2020 by The Prosperity Bank reported 36 jobs and $551,900 was used to fund payroll.

Americrane & equipment inc is Existing or more than 2 years old

AMERICRANE & EQUIPMENT INC

Date Approved

04/30/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

AMERICRANE & EQUIPMENT INC

Borrower Address

1105 OIDC Dr

Borrower City

Odessa

Borrower State

TX

Borrower Zip

79766-2102

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

551900.00

Current Approval Amount

551900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Odessa

Project County Name

MIDLAND

Project State

TX

Project Zip

79766-2102

CD

TX-11

Jobs Reported

36

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

551900.00

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

Subchapter S Corporation

Originating Lender Location Id

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

559293.95

Forgiveness Date

09/08/2021

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