PPP Loan information for Advance fabricators inc.

$373,075

Advance fabricators inc. was initially approved for PPP Loan of amount $373,075, the current approved amount is $373,075. The loan was approved on 04/07/2020 by The WesBanco Bank, Inc. reported 27 jobs and $373,075 was used to fund payroll.

Advance fabricators inc. is Existing or more than 2 years old

ADVANCE FABRICATORS INC.

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ADVANCE FABRICATORS INC.

Borrower Address

980 PROGRESS BLVD

Borrower City

NEW ALBANY

Borrower State

IN

Borrower Zip

47150-2259

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

373075.00

Current Approval Amount

373075.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW ALBANY

Project County Name

FLOYD

Project State

IN

Project Zip

47150-2259

CD

IN-09

Jobs Reported

27

NAICS Code

331491

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

373075.00

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

Subchapter S Corporation

Originating Lender Location Id

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

376540.00

Forgiveness Date

03/22/2021

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