PPP Loan information for Advanced technologies inc

$1,257,237

Advanced technologies inc was initially approved for PPP Loan of amount $1,257,200, the current approved amount is $1,257,237. The loan was approved on 04/08/2020 by The TowneBank reported 60 jobs and $1,257,237 was used to fund payroll.

Advanced technologies inc is Existing or more than 2 years old

PPP Loan Search / VA / NEWPORT NEWS / Advanced technologies inc

ADVANCED TECHNOLOGIES INC

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

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

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1257200.00

Current Approval Amount

1257237.00

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

60

NAICS Code

334519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1257237.00

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

1268971.21

Forgiveness Date

03/18/2021

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