PPP Loan information for Advanced business equipment inc.

$405,682

Advanced business equipment inc. was initially approved for PPP Loan of amount $405,682, the current approved amount is $405,682. The loan was approved on 03/12/2021 by The Truist Bank reported 37 jobs and $405,682 was used to fund payroll.

Advanced business equipment inc. is Existing or more than 2 years old

PPP Loan Search / NC / Asheville / Advanced business equipment inc.

ADVANCED BUSINESS EQUIPMENT INC.

Date Approved

03/12/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

ADVANCED BUSINESS EQUIPMENT INC.

Borrower Address

3072 Sweeten Creek Rd

Borrower City

Asheville

Borrower State

NC

Borrower Zip

28803-2114

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

405682.00

Current Approval Amount

405682.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Asheville

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28803-2114

CD

NC-11

Jobs Reported

37

NAICS Code

453210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

405678.00

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

408183.71

Forgiveness Date

10/26/2021

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