PPP Loan information for Ac powersports inc

$20,625

Ac powersports inc was initially approved for PPP Loan of amount $20,625, the current approved amount is $20,625. The loan was approved on 03/12/2021 by The Umpqua Bank reported 2 jobs and $20,625 was used to fund payroll.

Ac powersports inc is Existing or more than 2 years old

AC POWERSPORTS INC

Date Approved

03/12/2021

SBA Office Code

1087

Processing Method

PPP

Borrower Name

AC POWERSPORTS INC

Borrower Address

10701 S Walton Rd

Borrower City

Island City

Borrower State

OR

Borrower Zip

97850-8490

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20625.00

Current Approval Amount

20625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Island City

Project County Name

UNION

Project State

OR

Project Zip

97850-8490

CD

OR-02

Jobs Reported

2

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20625.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20760.62

Forgiveness Date

11/18/2021

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