PPP Loan information for Atlantic electronic system, inc.

$50,250

Atlantic electronic system, inc. was initially approved for PPP Loan of amount $40,250, the current approved amount is $50,250. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 7 jobs and $50,250 was used to fund payroll.

Atlantic electronic system, inc. is New Business or 2 years or less

PPP Loan Search / GA / NORCROSS / Atlantic electronic system, inc.

ATLANTIC ELECTRONIC SYSTEM, INC.

Date Approved

05/01/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

ATLANTIC ELECTRONIC SYSTEM, INC.

Borrower Address

5335 OAKBROOK PKWY SUITE A

Borrower City

NORCROSS

Borrower State

GA

Borrower Zip

30093-2250

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40250.00

Current Approval Amount

50250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

NORCROSS

Project County Name

GWINNETT

Project State

GA

Project Zip

30093-2250

CD

GA-07

Jobs Reported

7

NAICS Code

423690

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50250.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40664.80

Forgiveness Date

06/10/2021

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