PPP Loan information for Advance machinery inc.

$336,000

Advance machinery inc. was initially approved for PPP Loan of amount $336,000, the current approved amount is $336,000. The loan was approved on 04/03/2020 by The Millennial Bank reported 23 jobs and $336,000 was used to fund payroll.

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

PPP Loan Search / AL / PELHAM / Advance machinery inc.

ADVANCE MACHINERY INC.

Date Approved

04/03/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ADVANCE MACHINERY INC.

Borrower Address

112 HILLTOP BUSINESS DR

Borrower City

PELHAM

Borrower State

AL

Borrower Zip

35124-1310

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

336000.00

Current Approval Amount

336000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122122

Servicing Lender Name

Millennial Bank

Servicing Lender Address

7924 Parkway Dr

Servicing Lender City

LEEDS

Servicing Lender State

AL

Servicing Lender Zip

35094-2125

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PELHAM

Project County Name

SHELBY

Project State

AL

Project Zip

35124-1310

CD

AL-06

Jobs Reported

23

NAICS Code

332313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

336000.00

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

Corporation

Originating Lender Location Id

122122

Originating Lender

Millennial Bank

Originating Lender City

LEEDS

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

338613.33

Forgiveness Date

01/20/2021

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