PPP Loan information for Advanced microcomputers inc

$46,817

Advanced microcomputers inc was initially approved for PPP Loan of amount $46,817, the current approved amount is $46,817. The loan was approved on 04/28/2020 by The Summit Community Bank, Inc. reported 5 jobs and $46,817 was used to fund payroll.

Advanced microcomputers inc is Existing or more than 2 years old

PPP Loan Search / MD / SALISBURY / Advanced microcomputers inc

ADVANCED MICROCOMPUTERS INC

Date Approved

04/28/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ADVANCED MICROCOMPUTERS INC

Borrower Address

935 MOUNT HERMON RD

Borrower City

SALISBURY

Borrower State

MD

Borrower Zip

21804-5105

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46817.00

Current Approval Amount

46817.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

WICOMICO

Project State

MD

Project Zip

21804-5105

CD

MD-01

Jobs Reported

5

NAICS Code

541519

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

46817.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

47039.38

Forgiveness Date

10/23/2020

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