PPP Loan information for Advancetec, llc

$1,020,891

Advancetec, llc was initially approved for PPP Loan of amount $1,020,890, the current approved amount is $1,020,891. The loan was approved on 04/09/2020 by The Truist Bank reported 46 jobs and $1,020,891 was used to fund payroll.

Advancetec, llc is Existing or more than 2 years old

ADVANCETEC, LLC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ADVANCETEC, LLC

Borrower Address

11300 BUSINESS CENTER DR

Borrower City

NORTH CHESTERFIELD

Borrower State

VA

Borrower Zip

23236-3068

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1020890.00

Current Approval Amount

1020890.93

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH CHESTERFIELD

Project County Name

CHESTERFIELD

Project State

VA

Project Zip

23236-3068

CD

VA-01

Jobs Reported

46

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1020890.93

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1032659.53

Forgiveness Date

06/11/2021

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