PPP Loan information for Advance industrial machine, a wisconsin limited partnership

$395,000

Advance industrial machine, a wisconsin limited partnership was initially approved for PPP Loan of amount $395,000, the current approved amount is $395,000. The loan was approved on 05/15/2020 by The Johnson Bank reported 23 jobs and $395,000 was used to fund payroll.

Advance industrial machine, a wisconsin limited partnership is Existing or more than 2 years old

ADVANCE INDUSTRIAL MACHINE, A WISCONSIN LIMITED PARTNERSHIP

Date Approved

05/15/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

ADVANCE INDUSTRIAL MACHINE, A WISCONSIN LIMITED PARTNERSHIP

Borrower Address

W6335 DESIGN DR

Borrower City

GREENVILLE

Borrower State

WI

Borrower Zip

54942-8004

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

395000.00

Current Approval Amount

395000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GREENVILLE

Project County Name

OUTAGAMIE

Project State

WI

Project Zip

54942-8004

CD

WI-08

Jobs Reported

23

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

49375.00

Payroll Proceed

296250.00

Mortgage Interest Proceed

49375.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Partnership

Originating Lender Location Id

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

397716.30

Forgiveness Date

01/26/2021

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