Advanced Communication Technologies, Inc.

$175,000 PPP Loan in Norwell, Massachusetts

Loan Details

Loan Number
4797257102
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$175,000
Current Approval
$175,000
Forgiveness Amount
$176,158
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Advanced Communication Technologies, Inc.
Address
77 Accord Park Dr. Unit B10
ZIP Code
02061-1614
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423690)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MA-09

Loan Use Breakdown

Payroll
$131,250
Rent
$30,000
Utilities
$13,750

Lender Information

Servicing Lender
North Shore Bank, a Co-Operative Bank
Originating Lender
Abington Bank, a Division of North Shore Bank, a Co-Operative Bank

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