PPP Loan information for Advanced automotive concepts

$46,464

Advanced automotive concepts was initially approved for PPP Loan of amount $46,464, the current approved amount is $46,464. The loan was approved on 03/26/2021 by The Customers Bank reported 7 jobs and $46,464 was used to fund payroll.

Advanced automotive concepts is Existing or more than 2 years old

ADVANCED AUTOMOTIVE CONCEPTS

Date Approved

03/26/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

ADVANCED AUTOMOTIVE CONCEPTS

Borrower Address

59 Communications Dr N/A

Borrower City

Waynesville

Borrower State

NC

Borrower Zip

28786-9743

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

46464.00

Current Approval Amount

46464.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waynesville

Project County Name

HAYWOOD

Project State

NC

Project Zip

28786-9743

CD

NC-11

Jobs Reported

7

NAICS Code

336350

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

46462.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

46987.20

Forgiveness Date

05/17/2022

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