PPP Loan information for Advent properties, inc.

$1,108,242

Advent properties, inc. was initially approved for PPP Loan of amount $1,108,242, the current approved amount is $1,108,242. The loan was approved on 04/13/2020 by The Morris Bank reported 165 jobs and $1,108,242 was used to fund payroll.

Advent properties, inc. is Existing or more than 2 years old

ADVENT PROPERTIES, INC.

Date Approved

04/13/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

ADVENT PROPERTIES, INC.

Borrower Address

2002 TIFT AVE

Borrower City

TIFTON

Borrower State

GA

Borrower Zip

31794-1824

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1108242.00

Current Approval Amount

1108242.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19412

Servicing Lender Name

Morris Bank

Servicing Lender Address

301 Bellevue Ave

Servicing Lender City

DUBLIN

Servicing Lender State

GA

Servicing Lender Zip

31021-6105

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TIFTON

Project County Name

TIFT

Project State

GA

Project Zip

31794-1824

CD

GA-08

Jobs Reported

165

NAICS Code

623110

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

21518.00

Payroll Proceed

997598.00

Mortgage Interest Proceed

0.00

Rent Proceed

89126.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

19412

Originating Lender

Morris Bank

Originating Lender City

DUBLIN

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1119447.56

Forgiveness Date

04/22/2021

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