PPP Loan information for Advanced fueling systems inc

$525,000

Advanced fueling systems inc was initially approved for PPP Loan of amount $525,000, the current approved amount is $525,000. The loan was approved on 04/06/2020 by The The First Bank and Trust Company reported 40 jobs and $525,000 was used to fund payroll.

Advanced fueling systems inc is Existing or more than 2 years old

PPP Loan Search / VA / ASHLAND / Advanced fueling systems inc

ADVANCED FUELING SYSTEMS INC

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ADVANCED FUELING SYSTEMS INC

Borrower Address

9998 LICKINGHOLE RD

Borrower City

ASHLAND

Borrower State

VA

Borrower Zip

23005-3423

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

525000.00

Current Approval Amount

525000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHLAND

Project County Name

HANOVER

Project State

VA

Project Zip

23005-3423

CD

VA-01

Jobs Reported

40

NAICS Code

237120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

525000.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

528062.50

Forgiveness Date

11/12/2020

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