PPP Loan information for Advanced machinery concepts, inc

$153,410

Advanced machinery concepts, inc was initially approved for PPP Loan of amount $153,410, the current approved amount is $153,410. The loan was approved on 04/07/2020 by The The Park National Bank reported 19 jobs and $153,410 was used to fund payroll.

Advanced machinery concepts, inc is Existing or more than 2 years old

ADVANCED MACHINERY CONCEPTS, INC

Date Approved

04/07/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

ADVANCED MACHINERY CONCEPTS, INC

Borrower Address

4530 Wadsworth Rd

Borrower City

DAYTON

Borrower State

OH

Borrower Zip

45414-4226

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

153410.00

Current Approval Amount

153410.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DAYTON

Project County Name

MONTGOMERY

Project State

OH

Project Zip

45414-4226

CD

OH-10

Jobs Reported

19

NAICS Code

423830

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

140000.00

Mortgage Interest Proceed

0.00

Rent Proceed

1110.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8500.00

Debt Interest Proceed

1300

Business Type

Subchapter S Corporation

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

154221.18

Forgiveness Date

11/03/2020

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