Amerequip Corporation

$3,821,262 PPP Loan in Kiel, Wisconsin

Loan Details

Loan Number
3313787108
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$3,821,262
Current Approval
$3,821,262
Forgiveness Amount
$3,865,056
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Amerequip Corporation
Address
1015 Calumet Avenue
City
Kiel
ZIP Code
53042-9624
Business Type
Corporation
Industry (NAICS)
Manufacturing (333111)
Business Age
Existing or more than 2 years old
Jobs Reported
294
Estimated Revenue
$77.0M
Rural/Urban
Rural
Congressional District
WI-06

Loan Use Breakdown

Payroll
$3,022,262
Rent
$98,000
Utilities
$114,000
Health Care
$500,000
Mortgage Interest
$5,000
Debt Interest
$82,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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