PPP Loan information for Applied membrane technology inc.

$157,500

Applied membrane technology inc. was initially approved for PPP Loan of amount $157,500, the current approved amount is $157,500. The loan was approved on 05/01/2020 by The American Express National Bank reported 7 jobs and $157,500 was used to fund payroll.

Applied membrane technology inc. is Existing or more than 2 years old

PPP Loan Search / MN / Minnetonka / Applied membrane technology inc.

APPLIED MEMBRANE TECHNOLOGY INC.

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

APPLIED MEMBRANE TECHNOLOGY INC.

Borrower Address

11558 Encore Circle

Borrower City

Minnetonka

Borrower State

MN

Borrower Zip

55343

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157500.00

Current Approval Amount

157500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Minnetonka

Project County Name

HENNEPIN

Project State

MN

Project Zip

55343-0001

CD

MN-03

Jobs Reported

7

NAICS Code

339112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

126000.00

Mortgage Interest Proceed

0.00

Rent Proceed

19057.50

Refinance EIDL Proceed

0.00

Health Care Proceed

12442.50

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

158699.59

Forgiveness Date

02/09/2021

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