PPP Loan information for Advance cnc machine shop inc

$143,130

Advance cnc machine shop inc was initially approved for PPP Loan of amount $143,130, the current approved amount is $143,130. The loan was approved on 04/14/2020 by The Community First Bank reported 19 jobs and $143,130 was used to fund payroll.

Advance cnc machine shop inc is Existing or more than 2 years old

ADVANCE CNC MACHINE SHOP INC

Date Approved

04/14/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ADVANCE CNC MACHINE SHOP INC

Borrower Address

1194 LADY OF THE LAKE RD

Borrower City

SAINT MARTINVILLE

Borrower State

LA

Borrower Zip

70582-7712

Loan Status Date

05/10/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

143129.65

Current Approval Amount

143129.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123984

Servicing Lender Name

Community First Bank

Servicing Lender Address

1101 E Admiral Doyle Dr

Servicing Lender City

NEW IBERIA

Servicing Lender State

LA

Servicing Lender Zip

70560-6300

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT MARTINVILLE

Project County Name

SAINT MARTIN

Project State

LA

Project Zip

70582-7712

CD

LA-03

Jobs Reported

19

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

105629.65

Mortgage Interest Proceed

15000.00

Rent Proceed

7500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

123984

Originating Lender

Community First Bank

Originating Lender City

NEW IBERIA

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

122825.56

Forgiveness Date

07/15/2021

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