PPP Loan information for Advanced manufacturing technology inc

$515,800

Advanced manufacturing technology inc was initially approved for PPP Loan of amount $515,800, the current approved amount is $515,800. The loan was approved on 04/08/2020 by The First-Citizens Bank & Trust Company reported 46 jobs and $515,800 was used to fund payroll.

Advanced manufacturing technology inc is New Business or 2 years or less

ADVANCED MANUFACTURING TECHNOLOGY INC

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ADVANCED MANUFACTURING TECHNOLOGY INC

Borrower Address

28 Millrace Drive

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24502-4342

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

515800.00

Current Approval Amount

515800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24502-4342

CD

VA-05

Jobs Reported

46

NAICS Code

334418

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

515800.00

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

Sole Proprietorship

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

519095.39

Forgiveness Date

12/03/2020

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