PPP Loan information for Audio advice inc

$869,127

Audio advice inc was initially approved for PPP Loan of amount $869,127, the current approved amount is $869,127. The loan was approved on 04/07/2020 by The Truist Bank reported 64 jobs and $869,127 was used to fund payroll.

Audio advice inc is Existing or more than 2 years old

AUDIO ADVICE INC

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

AUDIO ADVICE INC

Borrower Address

8621 Glenwood Ave

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27617-7417

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

869127.00

Current Approval Amount

869127.00

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

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27617-7417

CD

NC-02

Jobs Reported

64

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

869127.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

873955.48

Forgiveness Date

11/03/2020

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