PPP Loan information for Advanced manufacturing solutions nc inc

$331,000

Advanced manufacturing solutions nc inc was initially approved for PPP Loan of amount $342,400, the current approved amount is $331,000. The loan was approved on 04/11/2020 by The Truist Bank reported 38 jobs and $331,000 was used to fund payroll.

Advanced manufacturing solutions nc inc is Existing or more than 2 years old

ADVANCED MANUFACTURING SOLUTIONS NC INC

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ADVANCED MANUFACTURING SOLUTIONS NC INC

Borrower Address

53 RUTHERFORD RD STE B

Borrower City

CANDLER

Borrower State

NC

Borrower Zip

28715-9204

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

342400.00

Current Approval Amount

331000.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANDLER

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28715-9204

CD

NC-11

Jobs Reported

38

NAICS Code

335999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

331000.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

335367.36

Forgiveness Date

08/12/2021

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