PPP Loan information for Advanced molding technologies, llc

$1,835,800

Advanced molding technologies, llc was initially approved for PPP Loan of amount $1,835,800, the current approved amount is $1,835,800. The loan was approved on 04/06/2020 by The First Resource Bank reported 166 jobs and $1,835,800 was used to fund payroll.

Advanced molding technologies, llc is Existing or more than 2 years old

ADVANCED MOLDING TECHNOLOGIES, LLC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ADVANCED MOLDING TECHNOLOGIES, LLC

Borrower Address

3472 88th Avenue NE

Borrower City

CIRCLE PINES

Borrower State

MN

Borrower Zip

55014-4109

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1835800.00

Current Approval Amount

1835800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434662

Servicing Lender Name

First Resource Bank

Servicing Lender Address

7449 Village Dr

Servicing Lender City

LINO LAKES

Servicing Lender State

MN

Servicing Lender Zip

55014-1181

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CIRCLE PINES

Project County Name

ANOKA

Project State

MN

Project Zip

55014-4109

CD

MN-06

Jobs Reported

166

NAICS Code

326111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

62889.00

Payroll Proceed

1646807.00

Mortgage Interest Proceed

0.00

Rent Proceed

126104.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

434662

Originating Lender

First Resource Bank

Originating Lender City

LINO LAKES

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1846362.14

Forgiveness Date

11/12/2020

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