American Excavating Corp

$619,100 PPP Loan in Derry, New Hampshire

Loan Details

Loan Number
6961897010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$619,100
Current Approval
$619,100
Forgiveness Amount
$623,967
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
American Excavating Corp
Address
5 Madden Rd
City
Derry
ZIP Code
03038-2245
Business Type
Corporation
Industry (NAICS)
Construction (238910)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$10.1M
Rural/Urban
Urban
Congressional District
NH-01

Loan Use Breakdown

Payroll
$552,700
Rent
$17,600
Utilities
$3,800
Health Care
$45,000

Lender Information

Servicing Lender
Enterprise Bank and Trust Company
Originating Lender
Enterprise Bank and Trust Company

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