PPP Loan information for Acutel electrical solutions inc.

$38,684

Acutel electrical solutions inc. was initially approved for PPP Loan of amount $38,684, the current approved amount is $38,684. The loan was approved on 02/16/2021 by The Bank of America, National Association reported 8 jobs and $38,684 was used to fund payroll.

Acutel electrical solutions inc. is Existing or more than 2 years old

ACUTEL ELECTRICAL SOLUTIONS INC.

Date Approved

02/16/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

ACUTEL ELECTRICAL SOLUTIONS INC.

Borrower Address

114 Blackberry Ln # 114

Borrower City

Fairview

Borrower State

NC

Borrower Zip

28730-9102

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

38684.00

Current Approval Amount

38684.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fairview

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28730-9102

CD

NC-11

Jobs Reported

8

NAICS Code

238210

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

38678.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38926.70

Forgiveness Date

10/06/2021

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