PPP Loan information for Advanced internet marketing inc.

$1,850,000

Advanced internet marketing inc. was initially approved for PPP Loan of amount $1,650,000, the current approved amount is $1,850,000. The loan was approved on 04/03/2020 by The The Old Point National Bank of Phoebus reported 126 jobs and $1,850,000 was used to fund payroll.

Advanced internet marketing inc. is Existing or more than 2 years old

PPP Loan Search / VA / VIRGINIA BEACH / Advanced internet marketing inc.

ADVANCED INTERNET MARKETING INC.

Date Approved

04/03/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ADVANCED INTERNET MARKETING INC.

Borrower Address

2696 Reliance Dr Suite 100

Borrower City

VIRGINIA BEACH

Borrower State

VA

Borrower Zip

23452-7822

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1650000.00

Current Approval Amount

1850000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VIRGINIA BEACH

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23452-7822

CD

VA-02

Jobs Reported

126

NAICS Code

561422

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

31000.00

Payroll Proceed

1767000.00

Mortgage Interest Proceed

0.00

Rent Proceed

52000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1875077.78

Forgiveness Date

08/25/2021

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