American Label Technologies, Inc.

$120,752 PPP Loan in Garner, North Carolina

Loan Details

Loan Number
7783187805
Date Approved
Jun 4, 2020
Loan Status
Paid in Full
Initial Approval
$120,752
Current Approval
$120,752
Forgiveness Amount
$122,195
Forgiveness Date
Aug 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
American Label Technologies, Inc.
Address
343 Technology Dr Unit 2106
City
Garner
ZIP Code
27529
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (323111)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
$15.9M
Rural/Urban
Urban
Congressional District
NC-13

Loan Use Breakdown

Payroll
$90,654
Rent
$16,800
Utilities
$10,298
Debt Interest
$3,000

Lender Information

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

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