PPP Loan information for Avantech, inc.

$739,855

Avantech, inc. was initially approved for PPP Loan of amount $739,855, the current approved amount is $739,855. The loan was approved on 04/09/2020 by The Chippewa Valley Bank reported 47 jobs and $739,855 was used to fund payroll.

Avantech, inc. is Existing or more than 2 years old

PPP Loan Search / MN / BAXTER / Avantech, inc.

AVANTECH, INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AVANTECH, INC.

Borrower Address

7790 HASTINGS RD

Borrower City

BAXTER

Borrower State

MN

Borrower Zip

56425-8467

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

739855.00

Current Approval Amount

739855.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77046

Servicing Lender Name

Chippewa Valley Bank

Servicing Lender Address

15755 W County Hwy B

Servicing Lender City

HAYWARD

Servicing Lender State

WI

Servicing Lender Zip

54843-2690

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BAXTER

Project County Name

CROW WING

Project State

MN

Project Zip

56425-8467

CD

MN-08

Jobs Reported

47

NAICS Code

333511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

739855.00

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

77046

Originating Lender

Chippewa Valley Bank

Originating Lender City

HAYWARD

Originating Lender State

WI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

744890.12

Forgiveness Date

12/17/2020

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