Ascendum Machinery INC

$2,000,000 PPP Loan in Charlotte, North Carolina

Loan Details

Loan Number
1419808510
Date Approved
Feb 18, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,012,833
Forgiveness Date
Oct 13, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Ascendum Machinery INC
Address
9115 Harris Corners Pkwy Ste 450 9115 Harris Corners Pkwy Ste 450
ZIP Code
28269-3709
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423810)
Franchise
Volvo Construction Equipment - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
251
Estimated Revenue
$76.9M
Rural/Urban
Urban
Congressional District
NC-12

Loan Use Breakdown

Payroll
$1,999,998
Utilities
$1

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
Pnc Bank, National Association

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