PPP Loan information for Advanced tool & machine, llc

$153,500

Advanced tool & machine, llc was initially approved for PPP Loan of amount $182,100, the current approved amount is $153,500. The loan was approved on 04/06/2020 by The Citizens Bank reported 18 jobs and $153,500 was used to fund payroll.

Advanced tool & machine, llc is New Business or 2 years or less

ADVANCED TOOL & MACHINE, LLC

Date Approved

04/06/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ADVANCED TOOL & MACHINE, LLC

Borrower Address

1403 TECHNOLOGY WAY

Borrower City

MORRISTOWN

Borrower State

TN

Borrower Zip

37813-3779

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

182100.00

Current Approval Amount

153500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66974

Servicing Lender Name

Citizens Bank

Servicing Lender Address

300 Broad St

Servicing Lender City

ELIZABETHTON

Servicing Lender State

TN

Servicing Lender Zip

37643-2715

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

MORRISTOWN

Project County Name

HAMBLEN

Project State

TN

Project Zip

37813-3779

CD

TN-01

Jobs Reported

18

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

153500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

66974

Originating Lender

Citizens Bank

Originating Lender City

ELIZABETHTON

Originating Lender State

TN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

154429.53

Forgiveness Date

11/18/2020

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