PPP Loan information for Advanced microcomputers inc.

$51,496

Advanced microcomputers inc. was initially approved for PPP Loan of amount $51,496, the current approved amount is $51,496. The loan was approved on 01/31/2021 by The Summit Community Bank, Inc. reported 4 jobs and $51,496 was used to fund payroll.

Advanced microcomputers inc. is Existing or more than 2 years old

PPP Loan Search / MD / Salisbury / Advanced microcomputers inc.

ADVANCED MICROCOMPUTERS INC.

Date Approved

01/31/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

ADVANCED MICROCOMPUTERS INC.

Borrower Address

935 Mount Hermon Rd

Borrower City

Salisbury

Borrower State

MD

Borrower Zip

21804-5105

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

51495.73

Current Approval Amount

51495.73

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Salisbury

Project County Name

WICOMICO

Project State

MD

Project Zip

21804-5105

CD

MD-01

Jobs Reported

4

NAICS Code

519190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

51493.73

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

51685.98

Forgiveness Date

06/15/2021

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