PPP Loan information for Atlantic merchandising corp

$138,283

Atlantic merchandising corp was initially approved for PPP Loan of amount $142,978, the current approved amount is $138,283. The loan was approved on 04/08/2020 by The Southern Bank and Trust Company reported 14 jobs and $138,283 was used to fund payroll.

Atlantic merchandising corp is Existing or more than 2 years old

PPP Loan Search / NC / KITTY HAWK / Atlantic merchandising corp

ATLANTIC MERCHANDISING CORP

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ATLANTIC MERCHANDISING CORP

Borrower Address

3830 N. CROATAN HWY

Borrower City

KITTY HAWK

Borrower State

NC

Borrower Zip

27949-9210

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

142977.50

Current Approval Amount

138283.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KITTY HAWK

Project County Name

DARE

Project State

NC

Project Zip

27949-9210

CD

NC-03

Jobs Reported

14

NAICS Code

442110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

138283.00

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

Subchapter S Corporation

Originating Lender Location Id

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

139516.02

Forgiveness Date

03/05/2021

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