PPP Loan information for Americangifts inc.

$230,100

Americangifts inc. was initially approved for PPP Loan of amount $230,100, the current approved amount is $230,100. The loan was approved on 04/08/2020 by The Atlantic Union Bank reported 40 jobs and $230,100 was used to fund payroll.

Americangifts inc. is New Business or 2 years or less

AMERICANGIFTS INC.

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

AMERICANGIFTS INC.

Borrower Address

5100 Rex Mcleod Dr

Borrower City

SANFORD

Borrower State

NC

Borrower Zip

27330-9539

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

230100.00

Current Approval Amount

230100.00

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

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SANFORD

Project County Name

LEE

Project State

NC

Project Zip

27330-9539

CD

NC-09

Jobs Reported

40

NAICS Code

423990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

230100.00

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

231736.27

Forgiveness Date

01/11/2021

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