AMERICAN CRESCENT ELEVATOR MFG CORP (MS) - 2020 PPP Loan Borrower Profile (# 5101207106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN CRESCENT ELEVATOR MFG CORP. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Mississippi.

Loan Detail

Loan Number

5101207106

SBA Office Code

0470

Processing Method

PPP

Curent Loan Amount

$263,800

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$265,639.27

Date Loan was Forgiven

Dec 28, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

263,800

Lender

Hancock Whitney Bank

Business Detail

Business Type

Corporation

NAICS

333318

Borrower Location

PICAYUNE, MS

Project Location

PICAYUNE, MS

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.