Advanced Cutting Technologies INC

$46,000 PPP Loan in Maxton, North Carolina

Loan Details

Loan Number
7198328402
Date Approved
Feb 11, 2021
Loan Status
Paid in Full
Initial Approval
$46,000
Current Approval
$46,000
Forgiveness Amount
$46,376
Forgiveness Date
Dec 9, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Advanced Cutting Technologies INC
Address
12760 Airport Rd 12760 Airport Rd
City
Maxton
ZIP Code
28364-9429
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333519)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NC-09

Loan Use Breakdown

Payroll
$45,998
Utilities
$1

Lender Information

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

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