PPP Loan information for Advanced composites inc.

$995,937

Advanced composites inc. was initially approved for PPP Loan of amount $995,937, the current approved amount is $995,937. The loan was approved on 01/26/2021 by The Zions Bank, A Division of reported 69 jobs and $995,937 was used to fund payroll.

Advanced composites inc. is Existing or more than 2 years old

PPP Loan Search / UT / Salt Lake City / Advanced composites inc.

ADVANCED COMPOSITES INC.

Date Approved

01/26/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

ADVANCED COMPOSITES INC.

Borrower Address

2575 S 3270 W

Borrower City

Salt Lake City

Borrower State

UT

Borrower Zip

84119-1142

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

995937.00

Current Approval Amount

995937.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72601

Servicing Lender Name

Zions Bank, A Division of

Servicing Lender Address

1 S Main St

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84133-1109

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Salt Lake City

Project County Name

SALT LAKE

Project State

UT

Project Zip

84119-1142

CD

UT-02

Jobs Reported

69

NAICS Code

326130

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

995935.00

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

Subchapter S Corporation

Originating Lender Location Id

72601

Originating Lender

Zions Bank, A Division of

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1004395.64

Forgiveness Date

12/07/2021

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