PPP Loan information for Advanced rotors, inc

$591,791

Advanced rotors, inc was initially approved for PPP Loan of amount $591,791, the current approved amount is $591,791. The loan was approved on 04/15/2020 by The SouthPoint Bank reported 47 jobs and $591,791 was used to fund payroll.

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

PPP Loan Search / AL / HANCEVILLE / Advanced rotors, inc

ADVANCED ROTORS, INC

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ADVANCED ROTORS, INC

Borrower Address

273 COUNTY ROAD 520

Borrower City

HANCEVILLE

Borrower State

AL

Borrower Zip

35077-4631

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

591791.00

Current Approval Amount

591791.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437056

Servicing Lender Name

SouthPoint Bank

Servicing Lender Address

3501 Grandview Pkwy

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35243-1930

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HANCEVILLE

Project County Name

CULLMAN

Project State

AL

Project Zip

35077-4631

CD

AL-04

Jobs Reported

47

NAICS Code

335314

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

591791.00

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

437056

Originating Lender

SouthPoint Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

597495.21

Forgiveness Date

03/31/2021

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