American Contractors Equipment Company

$194,100 PPP Loan in Cheswick, Pennsylvania

Loan Details

Loan Number
6951137208
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$194,100
Current Approval
$194,100
Forgiveness Amount
$196,403
Forgiveness Date
Jul 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
American Contractors Equipment Company
Address
806 Pennsylvania 910
ZIP Code
15024
Business Type
Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (532490)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
$6.3M
Rural/Urban
Urban
Congressional District
PA-17

Loan Use Breakdown

Payroll
$130,100
Rent
$8,000
Utilities
$4,000
Health Care
$28,000
Debt Interest
$24,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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