PPP Loan information for Americatowne holdings inc.

$416,000

Americatowne holdings inc. was initially approved for PPP Loan of amount $416,000, the current approved amount is $416,000. The loan was approved on 02/05/2021 by The Mechanics & Farmers Bank reported 23 jobs and $416,000 was used to fund payroll.

Americatowne holdings inc. is Existing or more than 2 years old

PPP Loan Search / NC / Raleigh / Americatowne holdings inc.

AMERICATOWNE HOLDINGS INC.

Date Approved

02/05/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

AMERICATOWNE HOLDINGS INC.

Borrower Address

4700 Homewood Ct Ste 100

Borrower City

Raleigh

Borrower State

NC

Borrower Zip

27609-5732

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

416000.00

Current Approval Amount

416000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50708

Servicing Lender Name

Mechanics & Farmers Bank

Servicing Lender Address

2634 Durham-Chapel Hill Blvd

Servicing Lender City

DURHAM

Servicing Lender State

NC

Servicing Lender Zip

27707-2800

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Raleigh

Project County Name

WAKE

Project State

NC

Project Zip

27609-5732

CD

NC-02

Jobs Reported

23

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

415995.00

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

50708

Originating Lender

Mechanics & Farmers Bank

Originating Lender City

DURHAM

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

419054.47

Forgiveness Date

11/08/2021

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