PPP Loan information for Advanced machine & tool corp

$1,489,000

Advanced machine & tool corp was initially approved for PPP Loan of amount $1,489,000, the current approved amount is $1,489,000. The loan was approved on 03/31/2021 by The PNC Bank, National Association reported 82 jobs and $1,489,000 was used to fund payroll.

Advanced machine & tool corp is Existing or more than 2 years old

PPP Loan Search / IN / Fort Wayne / Advanced machine & tool corp

ADVANCED MACHINE & TOOL CORP

Date Approved

03/31/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

ADVANCED MACHINE & TOOL CORP

Borrower Address

3706 Transportation Dr 3706 Transportation Dr

Borrower City

Fort Wayne

Borrower State

IN

Borrower Zip

46818-1388

Loan Status Date

09/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1489000.00

Current Approval Amount

1489000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fort Wayne

Project County Name

ALLEN

Project State

IN

Project Zip

46818-1388

CD

IN-03

Jobs Reported

82

NAICS Code

333999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1488997.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1509928.72

Forgiveness Date

08/25/2022

;