PPP Loan information for Audio & light inc

$216,400

Audio & light inc was initially approved for PPP Loan of amount $216,400, the current approved amount is $216,400. The loan was approved on 04/06/2020 by The The Fidelity Bank reported 21 jobs and $216,400 was used to fund payroll.

Audio & light inc is Existing or more than 2 years old

AUDIO & LIGHT INC

Date Approved

04/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

AUDIO & LIGHT INC

Borrower Address

2209 RANDLEMAN RD

Borrower City

GREENSBORO

Borrower State

NC

Borrower Zip

27406-3601

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

216400.00

Current Approval Amount

216400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50761

Servicing Lender Name

The Fidelity Bank

Servicing Lender Address

100 S Main St

Servicing Lender City

FUQUAY VARINA

Servicing Lender State

NC

Servicing Lender Zip

27526-2221

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GREENSBORO

Project County Name

GUILFORD

Project State

NC

Project Zip

27406-3601

CD

NC-06

Jobs Reported

21

NAICS Code

423690

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

216400.00

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

50761

Originating Lender

The Fidelity Bank

Originating Lender City

FUQUAY VARINA

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

207586.80

Forgiveness Date

11/03/2020

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