PPP Loan information for Advance communications inc

$302,037

Advance communications inc was initially approved for PPP Loan of amount $302,037, the current approved amount is $302,037. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 55 jobs and $302,037 was used to fund payroll.

Advance communications inc is New Business or 2 years or less

PPP Loan Search / CT / FARMINGTON / Advance communications inc

ADVANCE COMMUNICATIONS INC

Date Approved

05/01/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

ADVANCE COMMUNICATIONS INC

Borrower Address

10 MELROSE DR UNIT 2

Borrower City

FARMINGTON

Borrower State

CT

Borrower Zip

06032-2260

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

302037.00

Current Approval Amount

302037.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FARMINGTON

Project County Name

HARTFORD

Project State

CT

Project Zip

06032-2260

CD

CT-05

Jobs Reported

55

NAICS Code

561421

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

302037.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

304320.90

Forgiveness Date

02/05/2021

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