PPP Loan information for Advantage adhesives, inc.

$296,100

Advantage adhesives, inc. was initially approved for PPP Loan of amount $471,000, the current approved amount is $296,100. The loan was approved on 04/08/2020 by The American Business Bank reported 26 jobs and $296,100 was used to fund payroll.

Advantage adhesives, inc. is Existing or more than 2 years old

ADVANTAGE ADHESIVES, INC.

Date Approved

04/08/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

ADVANTAGE ADHESIVES, INC.

Borrower Address

8345 WHITE OAK AVE

Borrower City

RANCHO CUCAMONGA

Borrower State

CA

Borrower Zip

91730-3896

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

471000.00

Current Approval Amount

296100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123001

Servicing Lender Name

American Business Bank

Servicing Lender Address

2400 E. Katella Ave. Ste 350

Servicing Lender City

Anaheim

Servicing Lender State

CA

Servicing Lender Zip

92806

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RANCHO CUCAMONGA

Project County Name

SAN BERNARDINO

Project State

CA

Project Zip

91730-3896

CD

CA-35

Jobs Reported

26

NAICS Code

322220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

296100.00

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

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

297706.24

Forgiveness Date

11/05/2020

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