PPP Loan information for Acession distribution inc

$99,040

Acession distribution inc was initially approved for PPP Loan of amount $99,040, the current approved amount is $99,040. The loan was approved on 04/09/2020 by The Truist Bank reported 20 jobs and $99,040 was used to fund payroll.

Acession distribution inc is Existing or more than 2 years old

ACESSION DISTRIBUTION INC

Date Approved

04/09/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

ACESSION DISTRIBUTION INC

Borrower Address

658 LAMAR HUTCHESON PKWY

Borrower City

RIVERDALE

Borrower State

GA

Borrower Zip

30274-2910

Loan Status Date

07/16/2022

Loan Status

Charged Off

Term

30

SBA Guaranty Percentage

100

Initial Approval Amount

99040.00

Current Approval Amount

99040.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RIVERDALE

Project County Name

CLAYTON

Project State

GA

Project Zip

30274-2910

CD

GA-13

Jobs Reported

20

NAICS Code

484122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

99040.00

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

46010.09

Forgiveness Date

06/13/2022

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