PPP Loan information for Acucote inc

$1,637,400

Acucote inc was initially approved for PPP Loan of amount $1,637,400, the current approved amount is $1,637,400. The loan was approved on 04/14/2020 by The Truist Bank reported 130 jobs and $1,637,400 was used to fund payroll.

Acucote inc is Existing or more than 2 years old

PPP Loan Search / NC / GRAHAM / Acucote inc

ACUCOTE INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ACUCOTE INC

Borrower Address

910 E ELM ST

Borrower City

GRAHAM

Borrower State

NC

Borrower Zip

27253-1908

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1637400.00

Current Approval Amount

1637400.00

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

GRAHAM

Project County Name

ALAMANCE

Project State

NC

Project Zip

27253-1908

CD

NC-04

Jobs Reported

130

NAICS Code

322220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1637400.00

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

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1652727.88

Forgiveness Date

03/31/2021

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