PPP Loan information for Advanced conversion technology, inc

$1,254,125

Advanced conversion technology, inc was initially approved for PPP Loan of amount $1,254,125, the current approved amount is $1,254,125. The loan was approved on 04/11/2020 by The Fulton Bank, National Association reported 84 jobs and $1,254,125 was used to fund payroll.

Advanced conversion technology, inc is Existing or more than 2 years old

ADVANCED CONVERSION TECHNOLOGY, INC

Date Approved

04/11/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

ADVANCED CONVERSION TECHNOLOGY, INC

Borrower Address

2001 Fulling Mill Road

Borrower City

Middletown

Borrower State

PA

Borrower Zip

17057-3127

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1254125.00

Current Approval Amount

1254125.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Middletown

Project County Name

DAUPHIN

Project State

PA

Project Zip

17057-3127

CD

PA-10

Jobs Reported

84

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1254125.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1265133.43

Forgiveness Date

03/05/2021

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