PPP Loan information for Advantage machinery services, inc.

$1,003,732

Advantage machinery services, inc. was initially approved for PPP Loan of amount $1,003,732, the current approved amount is $1,003,732. The loan was approved on 04/07/2020 by The First Horizon Bank reported 86 jobs and $1,003,732 was used to fund payroll.

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

ADVANTAGE MACHINERY SERVICES, INC.

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ADVANTAGE MACHINERY SERVICES, INC.

Borrower Address

1407 US 601 HWY S

Borrower City

YADKINVILLE

Borrower State

NC

Borrower Zip

27055-6358

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1003732.00

Current Approval Amount

1003732.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

YADKINVILLE

Project County Name

YADKIN

Project State

NC

Project Zip

27055-6358

CD

NC-05

Jobs Reported

86

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14366.00

Payroll Proceed

800000.00

Mortgage Interest Proceed

4366.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

175000.00

Debt Interest Proceed

10000

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1014299.07

Forgiveness Date

05/06/2021

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