PPP Loan information for Ac-dc inc

$150,000

Ac-dc inc was initially approved for PPP Loan of amount $150,000, the current approved amount is $150,000. The loan was approved on 05/18/2020 by The PeopleFund reported 31 jobs and $150,000 was used to fund payroll.

Ac-dc inc is Existing or more than 2 years old

AC-DC INC

Date Approved

05/18/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

AC-DC INC

Borrower Address

1519 E Price Street

Borrower City

Laredo

Borrower State

TX

Borrower Zip

78040

Loan Status Date

04/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150000.00

Current Approval Amount

150000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

509578

Servicing Lender Name

PeopleFund

Servicing Lender Address

2921 E. 17th Street Bldg. D, Suite 1

Servicing Lender City

Austin

Servicing Lender State

TX

Servicing Lender Zip

78702

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Laredo

Project County Name

WEBB

Project State

TX

Project Zip

78040-0001

CD

TX-28

Jobs Reported

31

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

150000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

509578

Originating Lender

PeopleFund

Originating Lender City

Austin

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

151368.49

Forgiveness Date

04/27/2021

;