ADVANCED COMPOSTING TECHNOLOGIES LLC (NC) - 2020 PPP Loan Borrower Profile (# 6234988307)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED COMPOSTING TECHNOLOGIES LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in North Carolina.

Loan Detail

Loan Number

6234988307

SBA Office Code

0460

Processing Method

PPS

Curent Loan Amount

$116,800

Date Loan was Approved

Jan 26, 2021

Amount Forgiven

$117,574.4

Date Loan was Forgiven

Sep 29, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

116,800

Lender

First-Citizens Bank & Trust Company

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

325314

Borrower Location

Candler, NC

Project Location

Candler, NC

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.