PPP Loan information for Advance mortgage & investment company llc

$789,257

Advance mortgage & investment company llc was initially approved for PPP Loan of amount $789,257, the current approved amount is $789,257. The loan was approved on 04/28/2020 by The First Horizon Bank reported 52 jobs and $789,257 was used to fund payroll.

Advance mortgage & investment company llc is Existing or more than 2 years old

PPP Loan Search / AL / DAPHNE / Advance mortgage & investment company llc

ADVANCE MORTGAGE & INVESTMENT COMPANY LLC

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ADVANCE MORTGAGE & INVESTMENT COMPANY LLC

Borrower Address

30500 State Highway 181 Suite 460

Borrower City

DAPHNE

Borrower State

AL

Borrower Zip

36527

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

789257.00

Current Approval Amount

789257.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DAPHNE

Project County Name

BALDWIN

Project State

AL

Project Zip

36527-0001

CD

AL-01

Jobs Reported

52

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

650.00

Payroll Proceed

764517.00

Mortgage Interest Proceed

0.00

Rent Proceed

24090.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

799692.73

Forgiveness Date

08/30/2021

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