PPP Loan information for Atlantic acceptance corporation

$5,650

Atlantic acceptance corporation was initially approved for PPP Loan of amount $5,650, the current approved amount is $5,650. The loan was approved on 04/29/2020 by The Farmers & Merchants Bank reported 2 jobs and $5,650 was used to fund payroll.

Atlantic acceptance corporation is Existing or more than 2 years old

ATLANTIC ACCEPTANCE CORPORATION

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ATLANTIC ACCEPTANCE CORPORATION

Borrower Address

1115 CENTRAL PARK CIR

Borrower City

DAVIDSON

Borrower State

NC

Borrower Zip

28036-9312

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5650.00

Current Approval Amount

5650.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50827

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

138 N Salisbury Ave

Servicing Lender City

GRANITE QUARRY

Servicing Lender State

NC

Servicing Lender Zip

28146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DAVIDSON

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28036-9312

CD

NC-12

Jobs Reported

2

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5650.00

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

Subchapter S Corporation

Originating Lender Location Id

50827

Originating Lender

Farmers & Merchants Bank

Originating Lender City

GRANITE QUARRY

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5683.90

Forgiveness Date

12/11/2020

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