PPP Loan information for Advantage coating inc

$243,800

Advantage coating inc was initially approved for PPP Loan of amount $243,800, the current approved amount is $243,800. The loan was approved on 04/07/2020 by The Americana Community Bank reported 18 jobs and $243,800 was used to fund payroll.

Advantage coating inc is Existing or more than 2 years old

PPP Loan Search / MN / CHASKA / Advantage coating inc

ADVANTAGE COATING INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ADVANTAGE COATING INC

Borrower Address

884 Arbor Drive

Borrower City

CHASKA

Borrower State

MN

Borrower Zip

55318-9500

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

243800.00

Current Approval Amount

243800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38900

Servicing Lender Name

Americana Community Bank

Servicing Lender Address

300 Main St W

Servicing Lender City

SLEEPY EYE

Servicing Lender State

MN

Servicing Lender Zip

56085-1332

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHASKA

Project County Name

CARVER

Project State

MN

Project Zip

55318-9500

CD

MN-06

Jobs Reported

18

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9752.00

Payroll Proceed

195040.00

Mortgage Interest Proceed

9752.00

Rent Proceed

9752.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9752.00

Debt Interest Proceed

9752

Business Type

Corporation

Originating Lender Location Id

38900

Originating Lender

Americana Community Bank

Originating Lender City

SLEEPY EYE

Originating Lender State

MN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

245208.62

Forgiveness Date

11/03/2020

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