PPP Loan information for Advantage asphalt products, ltd

$110,150

Advantage asphalt products, ltd was initially approved for PPP Loan of amount $110,150, the current approved amount is $110,150. The loan was approved on 04/05/2020 by The First United Bank reported 13 jobs and $110,150 was used to fund payroll.

Advantage asphalt products, ltd is Existing or more than 2 years old

ADVANTAGE ASPHALT PRODUCTS, LTD

Date Approved

04/05/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

ADVANTAGE ASPHALT PRODUCTS, LTD

Borrower Address

PO Box 50353

Borrower City

AMARILLO

Borrower State

TX

Borrower Zip

79159

Loan Status Date

04/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

110150.00

Current Approval Amount

110150.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69778

Servicing Lender Name

First United Bank

Servicing Lender Address

201 N Broadway

Servicing Lender City

DIMMITT

Servicing Lender State

TX

Servicing Lender Zip

79027-1823

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AMARILLO

Project County Name

POTTER

Project State

TX

Project Zip

79159-0001

CD

TX-13

Jobs Reported

13

NAICS Code

324121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7000.00

Payroll Proceed

82612.50

Mortgage Interest Proceed

20537.50

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

69778

Originating Lender

First United Bank

Originating Lender City

DIMMITT

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

111187.25

Forgiveness Date

03/16/2021

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