PPP Loan information for Atlantic coast cotton, inc

$1,071,571

Atlantic coast cotton, inc was initially approved for PPP Loan of amount $1,071,571, the current approved amount is $1,071,571. The loan was approved on 04/30/2020 by The Truist Bank reported 147 jobs and $1,071,571 was used to fund payroll.

Atlantic coast cotton, inc is Existing or more than 2 years old

PPP Loan Search / VA / GAINESVILLE / Atlantic coast cotton, inc

ATLANTIC COAST COTTON, INC

Date Approved

04/30/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ATLANTIC COAST COTTON, INC

Borrower Address

14251 John Marshall Hwy

Borrower City

GAINESVILLE

Borrower State

VA

Borrower Zip

20155-1607

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1071570.82

Current Approval Amount

1071570.83

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

GAINESVILLE

Project County Name

PRINCE WILLIAM

Project State

VA

Project Zip

20155-1607

CD

VA-10

Jobs Reported

147

NAICS Code

424330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1071570.83

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1080649.42

Forgiveness Date

03/09/2021

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