PPP Loan information for Advance inc.

$261,040

Advance inc. was initially approved for PPP Loan of amount $261,040, the current approved amount is $261,040. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 13 jobs and $261,040 was used to fund payroll.

Advance inc. is Existing or more than 2 years old

ADVANCE INC.

Date Approved

04/15/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

ADVANCE INC.

Borrower Address

645 Dawson Drive Suite A

Borrower City

Newark

Borrower State

DE

Borrower Zip

19713

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

261040.00

Current Approval Amount

261040.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19713-1003

CD

DE-

Jobs Reported

13

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1200.00

Payroll Proceed

240690.00

Mortgage Interest Proceed

1150.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

18000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

262963.83

Forgiveness Date

01/19/2021

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