PPP Loan information for Avancer corporation

$454,542

Avancer corporation was initially approved for PPP Loan of amount $454,542, the current approved amount is $454,542. The loan was approved on 01/20/2021 by The Santander Bank, National Association reported 26 jobs and $454,542 was used to fund payroll.

Avancer corporation is Existing or more than 2 years old

AVANCER CORPORATION

Date Approved

01/20/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

AVANCER CORPORATION

Borrower Address

101 Interchange Plz Ste 201

Borrower City

Cranbury

Borrower State

NJ

Borrower Zip

08512-3716

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

454542.00

Current Approval Amount

454542.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cranbury

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08512-3716

CD

NJ-03

Jobs Reported

26

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

454540.00

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

Corporation

Originating Lender Location Id

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

457692.66

Forgiveness Date

10/06/2021

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