PPP Loan information for Advanced communications inc

$91,033

Advanced communications inc was initially approved for PPP Loan of amount $91,033, the current approved amount is $91,033. The loan was approved on 04/30/2020 by The American Express National Bank reported 7 jobs and $91,033 was used to fund payroll.

Advanced communications inc is Existing or more than 2 years old

PPP Loan Search / TN / Morristown / Advanced communications inc

ADVANCED COMMUNICATIONS INC

Date Approved

04/30/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ADVANCED COMMUNICATIONS INC

Borrower Address

1103 W 1st North Street

Borrower City

Morristown

Borrower State

TN

Borrower Zip

37814

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

91032.50

Current Approval Amount

91032.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Morristown

Project County Name

HAMBLEN

Project State

TN

Project Zip

37814-0001

CD

TN-01

Jobs Reported

7

NAICS Code

517911

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2730.97

Payroll Proceed

81929.26

Mortgage Interest Proceed

0.00

Rent Proceed

6372.27

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

91907.91

Forgiveness Date

04/22/2021

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