AMERICANGIFTS INC. (NC) - 2020 PPP Loan Borrower Profile (# 5233568401)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICANGIFTS INC.. 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

5233568401

SBA Office Code

0460

Processing Method

PPS

Curent Loan Amount

$258,905

Date Loan was Approved

Feb 8, 2021

Amount Forgiven

$260,530.35

Date Loan was Forgiven

Sep 27, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

258,905

Lender

Atlantic Union Bank

Business Detail

Business Type

Corporation

NAICS

424450

Borrower Location

Sanford, NC

Project Location

Sanford, NC

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.