PPP Loan information for Accelerated construction teams, inc.

$2,023,425

Accelerated construction teams, inc. was initially approved for PPP Loan of amount $2,023,425, the current approved amount is $2,023,425. The loan was approved on 04/29/2020 by The Truist Bank reported 250 jobs and $2,023,425 was used to fund payroll.

Accelerated construction teams, inc. is Existing or more than 2 years old

PPP Loan Search / NC / Gastonia / Accelerated construction teams, inc.

ACCELERATED CONSTRUCTION TEAMS, INC.

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ACCELERATED CONSTRUCTION TEAMS, INC.

Borrower Address

121 E Main Ave

Borrower City

Gastonia

Borrower State

NC

Borrower Zip

28053

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2023425.00

Current Approval Amount

2023425.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gastonia

Project County Name

GASTON

Project State

NC

Project Zip

28053-0001

CD

NC-14

Jobs Reported

250

NAICS Code

561320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2023425.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2046019.91

Forgiveness Date

06/11/2021

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