PPP Loan information for The acre group llc

$342,000

The acre group llc was initially approved for PPP Loan of amount $342,000, the current approved amount is $342,000. The loan was approved on 04/29/2020 by The Regions Bank reported 53 jobs and $342,000 was used to fund payroll.

The acre group llc is Existing or more than 2 years old

THE ACRE GROUP LLC

Date Approved

04/29/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

THE ACRE GROUP LLC

Borrower Address

2166 Highway 35,

Borrower City

Pelham

Borrower State

AL

Borrower Zip

35124

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

342000.00

Current Approval Amount

342000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pelham

Project County Name

SHELBY

Project State

AL

Project Zip

35124-0001

CD

AL-06

Jobs Reported

53

NAICS Code

541320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

342000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

345092.05

Forgiveness Date

03/31/2021

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