PPP Loan information for Advanced technologies inc.

$1,078,900

Advanced technologies inc. was initially approved for PPP Loan of amount $1,078,900, the current approved amount is $1,078,900. The loan was approved on 02/03/2021 by The TowneBank reported 62 jobs and $1,078,900 was used to fund payroll.

Advanced technologies inc. is Existing or more than 2 years old

ADVANCED TECHNOLOGIES INC.

Date Approved

02/03/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

ADVANCED TECHNOLOGIES INC.

Borrower Address

875 City Center Blvd

Borrower City

Newport News

Borrower State

VA

Borrower Zip

23606-3078

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1078900.00

Current Approval Amount

1078900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newport News

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23606-3078

CD

VA-03

Jobs Reported

62

NAICS Code

541715

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1078899.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1082646.18

Forgiveness Date

06/15/2021

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