PPP Loan information for Advantech inc

$420,833

Advantech inc was initially approved for PPP Loan of amount $277,483, the current approved amount is $420,833. The loan was approved on 04/08/2020 by The Customers Bank reported 15 jobs and $420,833 was used to fund payroll.

Advantech inc is Existing or more than 2 years old

ADVANTECH INC

Date Approved

04/08/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

ADVANTECH INC

Borrower Address

4818 Durham Rd

Borrower City

PIPERSVILLE

Borrower State

PA

Borrower Zip

18947-1150

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

277483.00

Current Approval Amount

420833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PIPERSVILLE

Project County Name

BUCKS

Project State

PA

Project Zip

18947-1150

CD

PA-01

Jobs Reported

15

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

420833.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

426678.54

Forgiveness Date

09/07/2021

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