PPP Loan information for Advanced research systems inc.

$335,877

Advanced research systems inc. was initially approved for PPP Loan of amount $335,877, the current approved amount is $335,877. The loan was approved on 02/24/2021 by The American Bank reported 21 jobs and $335,877 was used to fund payroll.

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

ADVANCED RESEARCH SYSTEMS INC.

Date Approved

02/24/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

ADVANCED RESEARCH SYSTEMS INC.

Borrower Address

7476 Industrial Park Way

Borrower City

Macungie

Borrower State

PA

Borrower Zip

18062-9687

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

335877.00

Current Approval Amount

335877.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121552

Servicing Lender Name

American Bank

Servicing Lender Address

4029 W Tilghman St

Servicing Lender City

ALLENTOWN

Servicing Lender State

PA

Servicing Lender Zip

18104-4400

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Macungie

Project County Name

LEHIGH

Project State

PA

Project Zip

18062-9687

CD

PA-07

Jobs Reported

21

NAICS Code

333415

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

335877.00

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

121552

Originating Lender

American Bank

Originating Lender City

ALLENTOWN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

338414.74

Forgiveness Date

11/24/2021

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