PPP Loan information for Advance industrial group, llc

$866,100

Advance industrial group, llc was initially approved for PPP Loan of amount $866,100, the current approved amount is $866,100. The loan was approved on 04/05/2020 by The Queensborough National Bank and Trust Company reported 72 jobs and $866,100 was used to fund payroll.

Advance industrial group, llc is Existing or more than 2 years old

ADVANCE INDUSTRIAL GROUP, LLC

Date Approved

04/05/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

ADVANCE INDUSTRIAL GROUP, LLC

Borrower Address

1765 TOBACCO RD

Borrower City

AUGUSTA

Borrower State

GA

Borrower Zip

30906-9268

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

866100.00

Current Approval Amount

866100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19549

Servicing Lender Name

Queensborough National Bank and Trust Company

Servicing Lender Address

113 E Broad St

Servicing Lender City

LOUISVILLE

Servicing Lender State

GA

Servicing Lender Zip

30434-1619

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AUGUSTA

Project County Name

RICHMOND

Project State

GA

Project Zip

30906-9268

CD

GA-12

Jobs Reported

72

NAICS Code

531120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

86610.00

Payroll Proceed

692880.00

Mortgage Interest Proceed

0.00

Rent Proceed

86610.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

19549

Originating Lender

Queensborough National Bank and Trust Company

Originating Lender City

LOUISVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

873173.15

Forgiveness Date

02/03/2021

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