PPP Loan information for Advanced mechanical systems, inc.

$103,000

Advanced mechanical systems, inc. was initially approved for PPP Loan of amount $103,000, the current approved amount is $103,000. The loan was approved on 05/14/2020 by The Centier Bank reported 6 jobs and $103,000 was used to fund payroll.

Advanced mechanical systems, inc. is Existing or more than 2 years old

ADVANCED MECHANICAL SYSTEMS, INC.

Date Approved

05/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ADVANCED MECHANICAL SYSTEMS, INC.

Borrower Address

1220 Delos Marr Ave.

Borrower City

CHESTERTON

Borrower State

IN

Borrower Zip

46304-4500

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

103000.00

Current Approval Amount

103000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24502

Servicing Lender Name

Centier Bank

Servicing Lender Address

1500 119th St

Servicing Lender City

WHITING

Servicing Lender State

IN

Servicing Lender Zip

46394-1733

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESTERTON

Project County Name

PORTER

Project State

IN

Project Zip

46304-4500

CD

IN-01

Jobs Reported

6

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

103000.00

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

Subchapter S Corporation

Originating Lender Location Id

24502

Originating Lender

Centier Bank

Originating Lender City

WHITING

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

103809.89

Forgiveness Date

03/03/2021

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