PPP Loan information for Americangifts inc.

$258,905

Americangifts inc. was initially approved for PPP Loan of amount $258,905, the current approved amount is $258,905. The loan was approved on 02/08/2021 by The Atlantic Union Bank reported 50 jobs and $258,905 was used to fund payroll.

Americangifts inc. is Existing or more than 2 years old

PPP Loan Search / NC / Sanford / Americangifts inc.

AMERICANGIFTS INC.

Date Approved

02/08/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

AMERICANGIFTS INC.

Borrower Address

5100 Rex McLeod Drive 5100 Rex McLeod Drive

Borrower City

Sanford

Borrower State

NC

Borrower Zip

27330

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

258905.00

Current Approval Amount

258905.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sanford

Project County Name

LEE

Project State

NC

Project Zip

27330

CD

NC-04

Jobs Reported

50

NAICS Code

424450

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

258905.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

260530.35

Forgiveness Date

09/27/2021

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