PPP Loan information for Advanced products, inc

$122,065

Advanced products, inc was initially approved for PPP Loan of amount $122,065, the current approved amount is $122,065. The loan was approved on 01/16/2021 by The First State Bank reported 8 jobs and $122,065 was used to fund payroll.

Advanced products, inc is Existing or more than 2 years old

ADVANCED PRODUCTS, INC

Date Approved

01/16/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

ADVANCED PRODUCTS, INC

Borrower Address

2840 Emmy Dr

Borrower City

Laurel

Borrower State

MS

Borrower Zip

39440-3217

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

122065.00

Current Approval Amount

122065.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40068

Servicing Lender Name

First State Bank

Servicing Lender Address

708 Azalea Dr

Servicing Lender City

WAYNESBORO

Servicing Lender State

MS

Servicing Lender Zip

39367-2719

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Laurel

Project County Name

JONES

Project State

MS

Project Zip

39440-3217

CD

MS-04

Jobs Reported

8

NAICS Code

213111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

122059.00

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

40068

Originating Lender

First State Bank

Originating Lender City

WAYNESBORO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

123628.11

Forgiveness Date

04/27/2022

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