PPP Loan information for Aac insurance corp

$50,000

Aac insurance corp was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 3 jobs and $50,000 was used to fund payroll.

Aac insurance corp is New Business or 2 years or less

AAC INSURANCE CORP

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

AAC INSURANCE CORP

Borrower Address

825 LITTLE REST RD

Borrower City

WARREN

Borrower State

MA

Borrower Zip

01083-2150

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

WARREN

Project County Name

WORCESTER

Project State

MA

Project Zip

01083-2150

CD

MA-01

Jobs Reported

3

NAICS Code

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50000.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20949.26

Forgiveness Date

10/07/2021

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