PPP Loan information for Acoustic technology inc

$612,300

Acoustic technology inc was initially approved for PPP Loan of amount $656,000, the current approved amount is $612,300. The loan was approved on 04/13/2020 by The First-Citizens Bank & Trust Company reported 41 jobs and $612,300 was used to fund payroll.

Acoustic technology inc is Existing or more than 2 years old

PPP Loan Search / MA / EAST BOSTON / Acoustic technology inc

ACOUSTIC TECHNOLOGY INC

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ACOUSTIC TECHNOLOGY INC

Borrower Address

30 Jeffries Street

Borrower City

EAST BOSTON

Borrower State

MA

Borrower Zip

02128-2211

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

656000.00

Current Approval Amount

612300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EAST BOSTON

Project County Name

SUFFOLK

Project State

MA

Project Zip

02128-2211

CD

MA-07

Jobs Reported

41

NAICS Code

334290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

612300.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

617164.85

Forgiveness Date

02/09/2021

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