PPP Loan information for Advanced improvements llc

$316,860

Advanced improvements llc was initially approved for PPP Loan of amount $316,860, the current approved amount is $316,860. The loan was approved on 04/13/2020 by The Chelsea Groton Bank reported 31 jobs and $316,860 was used to fund payroll.

Advanced improvements llc is Existing or more than 2 years old

ADVANCED IMPROVEMENTS LLC

Date Approved

04/13/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

ADVANCED IMPROVEMENTS LLC

Borrower Address

61 West MAIN ST

Borrower City

MYSTIC

Borrower State

CT

Borrower Zip

06355-2515

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

316860.00

Current Approval Amount

316860.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16318

Servicing Lender Name

Chelsea Groton Bank

Servicing Lender Address

1 Franklin Sq

Servicing Lender City

NORWICH

Servicing Lender State

CT

Servicing Lender Zip

06360-5825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MYSTIC

Project County Name

NEW LONDON

Project State

CT

Project Zip

06355-2515

CD

CT-02

Jobs Reported

31

NAICS Code

236118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

31686.00

Payroll Proceed

253488.00

Mortgage Interest Proceed

0.00

Rent Proceed

31686.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

16318

Originating Lender

Chelsea Groton Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

319238.62

Forgiveness Date

01/20/2021

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