AMER&ASSOCIATES (NC) - 2020 PPP Loan Borrower Profile (# 5622548301)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMER&ASSOCIATES. 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

5622548301

SBA Office Code

0460

Processing Method

PPS

Curent Loan Amount

$23,590

Date Loan was Approved

Jan 25, 2021

Amount Forgiven

$23,880.29

Date Loan was Forgiven

May 5, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

23,585

Lender

First Bank of the Lake

Business Detail

Business Type

Corporation

NAICS

722513

Borrower Location

Troutman, NC

Project Location

Troutman, NC

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.