PPP Loan information for Advanced modifications, inc.

$82,310

Advanced modifications, inc. was initially approved for PPP Loan of amount $95,229, the current approved amount is $82,310. The loan was approved on 04/05/2020 by The Machias Savings Bank reported 14 jobs and $82,310 was used to fund payroll.

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

ADVANCED MODIFICATIONS, INC.

Date Approved

04/05/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

ADVANCED MODIFICATIONS, INC.

Borrower Address

1766 HAMMOND ST

Borrower City

HERMON

Borrower State

ME

Borrower Zip

04401-1119

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

95229.00

Current Approval Amount

82310.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29760

Servicing Lender Name

Machias Savings Bank

Servicing Lender Address

4 Center St

Servicing Lender City

MACHIAS

Servicing Lender State

ME

Servicing Lender Zip

04654-1110

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HERMON

Project County Name

PENOBSCOT

Project State

ME

Project Zip

04401-1119

CD

ME-02

Jobs Reported

14

NAICS Code

423450

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

82310.00

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

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

82938.76

Forgiveness Date

01/25/2021

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