PPP Loan information for Advantage machine& engineering inc.

$116,250

Advantage machine& engineering inc. was initially approved for PPP Loan of amount $116,250, the current approved amount is $116,250. The loan was approved on 04/27/2020 by The Atlantic Union Bank reported 10 jobs and $116,250 was used to fund payroll.

Advantage machine& engineering inc. is New Business or 2 years or less

PPP Loan Search / VA / Portsmouth / Advantage machine& engineering inc.

ADVANTAGE MACHINE& ENGINEERING INC.

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ADVANTAGE MACHINE& ENGINEERING INC.

Borrower Address

2043 Ponderosa St.

Borrower City

Portsmouth

Borrower State

VA

Borrower Zip

23701

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116250.00

Current Approval Amount

116250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Portsmouth

Project County Name

PORTSMOUTH CITY

Project State

VA

Project Zip

23701-0001

CD

VA-03

Jobs Reported

10

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

116250.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

117315.63

Forgiveness Date

03/31/2021

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