PPP Loan information for Advance fiber optics inc

$237,628

Advance fiber optics inc was initially approved for PPP Loan of amount $237,628, the current approved amount is $237,628. The loan was approved on 04/10/2020 by The Cache Valley Bank reported 10 jobs and $237,628 was used to fund payroll.

Advance fiber optics inc is Existing or more than 2 years old

PPP Loan Search / UT / LAYTON / Advance fiber optics inc

ADVANCE FIBER OPTICS INC

Date Approved

04/10/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

ADVANCE FIBER OPTICS INC

Borrower Address

3135 NORTH FAIRFIELD ROAD, SUITE B

Borrower City

LAYTON

Borrower State

UT

Borrower Zip

84041-8686

Loan Status Date

01/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

237627.50

Current Approval Amount

237627.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAYTON

Project County Name

DAVIS

Project State

UT

Project Zip

84041-8686

CD

UT-01

Jobs Reported

10

NAICS Code

541511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

237627.50

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

239073.07

Forgiveness Date

11/23/2020

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