PPP Loan information for American telephone service, inc

$47,700

American telephone service, inc was initially approved for PPP Loan of amount $47,700, the current approved amount is $47,700. The loan was approved on 04/03/2020 by The M C Bank & Trust Co. reported 5 jobs and $47,700 was used to fund payroll.

American telephone service, inc is Existing or more than 2 years old

AMERICAN TELEPHONE SERVICE, INC

Date Approved

04/03/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

AMERICAN TELEPHONE SERVICE, INC

Borrower Address

1145 Oak Harbor Drive

Borrower City

MORGAN CITY

Borrower State

LA

Borrower Zip

70380-8044

Loan Status Date

05/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47700.00

Current Approval Amount

47700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28707

Servicing Lender Name

M C Bank & Trust Co.

Servicing Lender Address

1201 Brashear Ave

Servicing Lender City

MORGAN CITY

Servicing Lender State

LA

Servicing Lender Zip

70380-1361

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORGAN CITY

Project County Name

SAINT MARY

Project State

LA

Project Zip

70380-8044

CD

LA-06

Jobs Reported

5

NAICS Code

517911

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4900.00

Payroll Proceed

35000.00

Mortgage Interest Proceed

0.00

Rent Proceed

1600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6200.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

28707

Originating Lender

M C Bank & Trust Co.

Originating Lender City

MORGAN CITY

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

48184.95

Forgiveness Date

04/15/2021

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