PPP Loan information for Advanced process technologies, inc

$1,750,000

Advanced process technologies, inc was initially approved for PPP Loan of amount $1,750,000, the current approved amount is $1,750,000. The loan was approved on 04/07/2020 by The The First National Bank of Cokato reported 103 jobs and $1,750,000 was used to fund payroll.

Advanced process technologies, inc is Existing or more than 2 years old

PPP Loan Search / MN / COKATO / Advanced process technologies, inc

ADVANCED PROCESS TECHNOLOGIES, INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ADVANCED PROCESS TECHNOLOGIES, INC

Borrower Address

150 Swendra Boulevard

Borrower City

COKATO

Borrower State

MN

Borrower Zip

55321-4740

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1750000.00

Current Approval Amount

1750000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36741

Servicing Lender Name

The First National Bank of Cokato

Servicing Lender Address

365 Broadway Ave S

Servicing Lender City

COKATO

Servicing Lender State

MN

Servicing Lender Zip

55321-4292

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COKATO

Project County Name

WRIGHT

Project State

MN

Project Zip

55321-4740

CD

MN-06

Jobs Reported

103

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1750000.00

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

36741

Originating Lender

The First National Bank of Cokato

Originating Lender City

COKATO

Originating Lender State

MN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1763611.11

Forgiveness Date

01/20/2021

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