PPP Loan information for Administrative employee relief inc

$608,700

Administrative employee relief inc was initially approved for PPP Loan of amount $608,700, the current approved amount is $608,700. The loan was approved on 04/10/2020 by The TowneBank reported 96 jobs and $608,700 was used to fund payroll.

Administrative employee relief inc is Existing or more than 2 years old

PPP Loan Search / NC / CHARLOTTE / Administrative employee relief inc

ADMINISTRATIVE EMPLOYEE RELIEF INC

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ADMINISTRATIVE EMPLOYEE RELIEF INC

Borrower Address

5309 Monroe Rd Suite A

Borrower City

CHARLOTTE

Borrower State

NC

Borrower Zip

28205-7829

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

608700.00

Current Approval Amount

608700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHARLOTTE

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28205-7829

CD

NC-14

Jobs Reported

96

NAICS Code

561330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

608700.00

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

Subchapter S Corporation

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

74453.74

Forgiveness Date

12/28/2020

;