PPP Loan information for Advanced industrial distributi

$176,800

Advanced industrial distributi was initially approved for PPP Loan of amount $176,800, the current approved amount is $176,800. The loan was approved on 04/09/2020 by The Truist Bank reported 20 jobs and $176,800 was used to fund payroll.

Advanced industrial distributi is Existing or more than 2 years old

PPP Loan Search / NC / MOORESVILLE / Advanced industrial distributi

ADVANCED INDUSTRIAL DISTRIBUTI

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ADVANCED INDUSTRIAL DISTRIBUTI

Borrower Address

112 MEADOW HILL CIR

Borrower City

MOORESVILLE

Borrower State

NC

Borrower Zip

28117-8089

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

176800.00

Current Approval Amount

176800.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOORESVILLE

Project County Name

IREDELL

Project State

NC

Project Zip

28117-8089

CD

NC-10

Jobs Reported

20

NAICS Code

424610

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

176800.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

177968.84

Forgiveness Date

12/14/2020

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