American Bolt Corporation

$883,100 PPP Loan in New Berlin, Wisconsin

Loan Details

Loan Number
7411297007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$883,100
Current Approval
$883,100
Forgiveness Amount
$888,447
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
American Bolt Corporation
Address
16555 W Glendale Dr
ZIP Code
53151-2845
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332722)
Business Age
Existing or more than 2 years old
Jobs Reported
94
Estimated Revenue
$23.0M
Rural/Urban
Urban
Congressional District
WI-05

Loan Use Breakdown

Payroll
$662,325
Rent
$110,388
Utilities
$110,388

Lender Information

Servicing Lender
Johnson Bank
Originating Lender
Johnson Bank

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