PPP Loan information for Accelerando inc

$388,490

Accelerando inc was initially approved for PPP Loan of amount $388,490, the current approved amount is $388,490. The loan was approved on 04/08/2020 by The Truist Bank reported 28 jobs and $388,490 was used to fund payroll.

Accelerando inc is Existing or more than 2 years old

ACCELERANDO INC

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ACCELERANDO INC

Borrower Address

1589 Skeet Club Rd, STE 102

Borrower City

HIGH POINT

Borrower State

NC

Borrower Zip

27265-8817

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

388490.33

Current Approval Amount

388490.33

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

HIGH POINT

Project County Name

GUILFORD

Project State

NC

Project Zip

27265-8817

CD

NC-06

Jobs Reported

28

NAICS Code

541519

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

388490.33

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

392332.07

Forgiveness Date

04/08/2021

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