PPP Loan information for Advance products, inc

$25,520

Advance products, inc was initially approved for PPP Loan of amount $25,520, the current approved amount is $25,520. The loan was approved on 04/28/2020 by The First Merchants Bank reported 3 jobs and $25,520 was used to fund payroll.

Advance products, inc is Existing or more than 2 years old

PPP Loan Search / IL / Calumet City / Advance products, inc

ADVANCE PRODUCTS, INC

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ADVANCE PRODUCTS, INC

Borrower Address

140 State Street

Borrower City

Calumet City

Borrower State

IL

Borrower Zip

60409-2716

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25520.00

Current Approval Amount

25520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Calumet City

Project County Name

COOK

Project State

IL

Project Zip

60409-2716

CD

IL-02

Jobs Reported

3

NAICS Code

423710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

25520.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25778.00

Forgiveness Date

05/05/2021

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