PPP Loan information for Advance mfg. co., inc.

$3,552,900

Advance mfg. co., inc. was initially approved for PPP Loan of amount $3,552,900, the current approved amount is $3,552,900. The loan was approved on 04/06/2020 by The New Valley Bank & Trust reported 227 jobs and $3,552,900 was used to fund payroll.

Advance mfg. co., inc. is Existing or more than 2 years old

PPP Loan Search / MA / WESTFIELD / Advance mfg. co., inc.

ADVANCE MFG. CO., INC.

Date Approved

04/06/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

ADVANCE MFG. CO., INC.

Borrower Address

8 TURNPIKE INDUSTRIAL RD

Borrower City

WESTFIELD

Borrower State

MA

Borrower Zip

01085-1645

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3552900.00

Current Approval Amount

3552900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

526572

Servicing Lender Name

New Valley Bank & Trust

Servicing Lender Address

One Monarch Place Suite 910

Servicing Lender City

Springfield

Servicing Lender State

MA

Servicing Lender Zip

01144

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTFIELD

Project County Name

HAMPDEN

Project State

MA

Project Zip

01085-1645

CD

MA-01

Jobs Reported

227

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3552900.00

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

526572

Originating Lender

New Valley Bank & Trust

Originating Lender City

Springfield

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3593685.35

Forgiveness Date

06/11/2021

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