PPP Loan information for Accelerate llc

$34,928

Accelerate llc was initially approved for PPP Loan of amount $28,867, the current approved amount is $34,928. The loan was approved on 05/01/2020 by The Cross River Bank reported 3 jobs and $34,928 was used to fund payroll.

Accelerate llc is Existing or more than 2 years old

ACCELERATE LLC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ACCELERATE LLC

Borrower Address

440 Oak Arbor Circle East

Borrower City

Rochester

Borrower State

MI

Borrower Zip

48306

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28867.00

Current Approval Amount

34928.11

Undisbursed Amount

0.00

Franchise Name

SportClips

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rochester

Project County Name

OAKLAND

Project State

MI

Project Zip

48306-0001

CD

MI-10

Jobs Reported

3

NAICS Code

999990

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

34928.11

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

Limited Liability Company(LLC)

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35181.70

Forgiveness Date

02/02/2021

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