PPP Loan information for Ach electric inc

$140,000

Ach electric inc was initially approved for PPP Loan of amount $140,000, the current approved amount is $140,000. The loan was approved on 03/10/2021 by The Truist Bank reported 15 jobs and $140,000 was used to fund payroll.

Ach electric inc is Existing or more than 2 years old

PPP Loan Search / NC / Monroe / Ach electric inc

ACH ELECTRIC INC

Date Approved

03/10/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

ACH ELECTRIC INC

Borrower Address

1621 Walkup Ave Ste C

Borrower City

Monroe

Borrower State

NC

Borrower Zip

28110-3700

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

140000.00

Current Approval Amount

140000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monroe

Project County Name

UNION

Project State

NC

Project Zip

28110-3700

CD

NC-08

Jobs Reported

15

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

140000.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

141053.89

Forgiveness Date

12/14/2021

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