PPP Loan information for Advance machine & engineering

$1,535,300

Advance machine & engineering was initially approved for PPP Loan of amount $1,535,300, the current approved amount is $1,535,300. The loan was approved on 04/11/2020 by The HTLF Bank reported 130 jobs and $1,535,300 was used to fund payroll.

Advance machine & engineering is Existing or more than 2 years old

PPP Loan Search / IL / ROCKFORD / Advance machine & engineering

ADVANCE MACHINE & ENGINEERING

Date Approved

04/11/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ADVANCE MACHINE & ENGINEERING

Borrower Address

2500 LATHAM ST

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61103-3963

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1535300.00

Current Approval Amount

1535300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444645

Servicing Lender Name

HTLF Bank

Servicing Lender Address

1800 Larimer St, Ste 100

Servicing Lender City

DENVER

Servicing Lender State

CO

Servicing Lender Zip

80202-1404

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61103-3963

CD

IL-17

Jobs Reported

130

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1535300.00

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

444645

Originating Lender

HTLF Bank

Originating Lender City

DENVER

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1549769.68

Forgiveness Date

03/31/2021

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