PPP Loan information for Advanced trading, inc.

$1,495,800

Advanced trading, inc. was initially approved for PPP Loan of amount $1,495,800, the current approved amount is $1,495,800. The loan was approved on 04/12/2020 by The Commerce Bank reported 87 jobs and $1,495,800 was used to fund payroll.

Advanced trading, inc. is Existing or more than 2 years old

ADVANCED TRADING, INC.

Date Approved

04/12/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ADVANCED TRADING, INC.

Borrower Address

1625 Commerce Parkway

Borrower City

BLOOMINGTON

Borrower State

IL

Borrower Zip

61704-9608

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1495800.00

Current Approval Amount

1495800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOOMINGTON

Project County Name

MCLEAN

Project State

IL

Project Zip

61704-9608

CD

IL-17

Jobs Reported

87

NAICS Code

523130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8000.00

Payroll Proceed

1458050.00

Mortgage Interest Proceed

4750.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1512835.50

Forgiveness Date

06/02/2021

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