PPP Loan information for Ascendum machinery inc

$2,000,000

Ascendum machinery inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/18/2021 by The PNC Bank, National Association reported 251 jobs and $2,000,000 was used to fund payroll.

Ascendum machinery inc is Existing or more than 2 years old

ASCENDUM MACHINERY INC

Date Approved

02/18/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

ASCENDUM MACHINERY INC

Borrower Address

9115 Harris Corners Pkwy Ste 450 9115 Harris Corners Pkwy Ste 450

Borrower City

Charlotte

Borrower State

NC

Borrower Zip

28269-3709

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Volvo Construction Equipment - Dealer Sales and Service Agreement

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Charlotte

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28269-3709

CD

NC-12

Jobs Reported

251

NAICS Code

423810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2012833.33

Forgiveness Date

10/13/2021

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