PPP Loan information for Advanced composite technology, llc

$48,247

Advanced composite technology, llc was initially approved for PPP Loan of amount $48,247, the current approved amount is $48,247. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 10 jobs and $48,247 was used to fund payroll.

Advanced composite technology, llc is New Business or 2 years or less

ADVANCED COMPOSITE TECHNOLOGY, LLC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ADVANCED COMPOSITE TECHNOLOGY, LLC

Borrower Address

4200 N ATLANTIC BLVD

Borrower City

AUBURN HILLS

Borrower State

MI

Borrower Zip

48326-1578

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48247.00

Current Approval Amount

48247.00

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

New Business or 2 years or less

Project City

AUBURN HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48326-1578

CD

MI-11

Jobs Reported

10

NAICS Code

313320

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

48247.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48679.24

Forgiveness Date

03/25/2021

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